UK fund manager eyes Qatar as hub for Gulf expansion

UK fund manager eyes Qatar as hub for Gulf expansion:



"UK-based Hermes Fund Managers is eyeing long-term partnerships with businesses in Qatar both as asset managers and investors and also currently exploring ways to raise funds from the wider Gulf region. 




Hermes is also of the view that shale gas development in the US may not affect Qatar “negatively”, instead it could prove to be beneficial for Qatar’s gas due to expansion in the US economy and thus to the world economy.



“Hermes is looking to partner over the long term with businesses in Qatar, both as asset managers, and where appropriate, as investors,” London-based CEO Saker Nusseibeh told Gulf Times in an exclusive interview.



Although it does not have any plan for now to open an office here, he said Hermes would be inclined to use Qatar has a hub for its wider Gulf Co-operation Council and Middle East operations."



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