04.09.2013 - Qatar Investment Authority tools up with banker hires
The Qatari sovereign wealth fund has reportedly gone on a hiring spree as part of an effort to become one of the marketís bigger players. The fund, which has more than $100 billion under management, has hired bankers and other financial industry executives in the past two months to diversify its investment portfolio and move assets out of their current European exposure. A report on Reuters declared the sovereign wealth fund to have hired Ugo Arzani, most recently a managing director at Bank of America Merrill Lynch in London, as its new head of consumer and retail investments...............................................Full Article: Source
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