Investor confidence in global economic growth remains high even as expectations of higher short-term rates increase, a report said.
The number of investors believing the global economy will grow over the next 12 months was steady
Qatar Holding has built small stakes in Bank of America and Samsung Electronics , two sources familiar with the matter said, as the wealth fund continues on its strategy of picking minority stakes in large global companies.
The possibility of a short-term Nato-led military strike on Syria has intensified concerns over security of oil supply and could cause a spike in range of $120-$130 per barrel, according to a report released by BofA Merrill Lynch.
Qatar Holding, the investment arm of the Gulf state's sovereign wealth fund, has hired former Bank of America Merrill Lynch employee Michael Cho to take a senior role in its mergers and acquisitions (M&A) team.
Cho, who wa