Asia Risk 15: Doug McTaggart, QIC


Last year, in the midst of the upheaval caused by the global financial crisis, Queensland Investment Corporation (QIC), the A$52.9 billion ($46.9 billion) institutional find manager, rolled out a root-and-branch reorganisation that saw its business split into 10 ‘boutiques’ managing separate asset classes for the firm’s 80-plus institutional clients. QIC rolled out this strategic plan with an eye to managing not just investment risk and increasing return, but also corporate risk – particularly

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