Thursday, 25 December 2014
Last updated 19 hours ago
Apr 10 2014 | 12:25pm ET
An investment executive at the Qatar Investment Authority is reported to be planning his own hedge fund.
The man is question is Kamel Maamira, head of the global investment portfolio at Qatar Holding, a branch of the emirate’s sovereign wealth fund. According to the New York Times, he will launch a fundamental value strategy focusing primarily on the Gulf Cooperation Council states: Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and Saudi Arabia.
Whether the fund will be a true long/short fund remains to be seen, as the Middle East imposes restrictions on short positions.
Maamira was previously a partner at the Boston Consulting Group.
With assets under management of $170 billion, the Qatar Investment Authority is the world's ninth largest sovereign wealth fund, according to the Sovereign Wealth Fund Institute.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.