FINANCIAL NEWS

Qatar hires bankers and executives to support its wealth funds

03 Sep 2013

(MENAFN) Qatar planned to reduce its fund dependence on Europe as it hired senior bankers and industry executives, according to Gulf Daily News.

The Qatari sovereign fund of more than USD100 billion will offer opportunities in Asia and the US while the hiring aims to balance the Europe-dependant portfolio.

The fund’s investment arm was Qatar Holding which hired Ugo Arzani as the head of consumer and retail investments.

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