Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Qatar Investment fund names Wilson as chair after sudden death of von Simson

The Qatar Investment fund has appointed Nicholas Wilson as chairman following the sudden death of David von Simson.

Wilson has been on the board of the Qatar Investment fund since its creation in 2007, more recently as senior investment director. Overall he has 35 years' experience in hedge funds, derivatives and global asset management.

Under von Simson's watch the Qatar Investment fund has returned 38.5% over the last three years.

Commenting on his appointment, Wilson told the market: 'It is with great regret that we report the sudden death of David von Simson, who served the company skillfully as Chairman since launch in 2007.  Our thoughts are with his family, friends and colleagues.'

Wilson was happy investors had voted to keep the trust in operation at an annual general meeting held on 14 November following von Simson's death. In total 98.4% of investors voted against discontinuation. 'We are pleased with the support that shareholders have shown in voting overwhelmingly against discontinuation,' Wilson said. 

'As a result the fund will continue to provide investors with exposure to the powerful growth prospects offered by Qatar, and we will strive to deliver investment performance ahead of the Qatar stockmarket.' 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Wealth Manager on Twitter