Morgan Stanley In Talks With Qatar Over Commodity Stake

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Hira Shahnawaz Akhtar
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Morgan Stanley (NYSE:MS), the global financial services giant, was in talks with Qatar Investment Authority (QIA), a Qatari sovereign wealth fund, over the sale of MS commodities division, CNBC reported on Friday. The talks are in the advanced stage and it is widely believed that a deal might be imminent soon. If an agreement is reached between the two parties, this could mean a substantial foundation for the Qatari fund in the commodity trading business. MS has long been a market leader in the energy and metals trading and an acquisition of such magnitude, even in the form of a…

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.