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Sovereign Wealth Funds Briefing - Categorized | Market

Qatar fund in tie-up with Credit Suisse

Posted on 08 November 2012

Credit Suisse and Qatar’s sovereign wealth fund have set up an asset management joint venture as the Gulf state looks to beef up its financial centre and the Swiss bank seeks to tap strong growth in the region.
The venture, called Aventicum Capital Management, builds on the close ties between the two businesses. Qatar’s sovereign wealth fund is Credit Suisse’s second-largest shareholder with a 6.2 per cent stake, according to Thomson Reuters data. The venture will focus on investments in the fast-growing emerging and frontier markets of the Middle East and Turkey as well as operate an international business, Credit Suisse said……………………………………….Full Article: Source


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