Watch Mideast Funds Adopt Wall Street Pay Model - Bloomberg

Watch Mideast Funds Adopt Wall Street Pay Model - Bloomberg

A growing number of job candidates are asking Middle Eastern sovereign wealth funds to offer them carried interest awards- a type of performance-based pay tied to investment gains. As Alex Dooler explains to Lizzy Burden on Horizons Middle East and Africa, the new approach marks a shift from their traditional reliance on high salaries and lifestyle perks. (Source: Bloomberg)