| Cash-rich and outward looking Qatar is a gold mine for advisers. Yet for those hoping to land work on any of the multi-billion dollar transactions led by the Gulf state, it’s no longer enough just to put in a call to its highest-profile sovereign wealth fund, the Qatar Investment Authority. Today,Qatar’s financial activities are spread across different but related entities, with blurred dividing lines.
Last week’s confusion over which Qatari entity is studying an investment in the AUX gold firm of Brazilian billionaire Eike Batista illustrates the problem. Qatar Holding, a QIA subsidiary that has taken an interest in gold mining, put out a rare and strongly worded denial of any involvement...............................................Full Article: Source |