Millennium Capital Partners’ portfolio manager Iftikhar Ali has joined Observatory Capital Management, a credit boutique backed by Brummer & Partners, Financial News reports. He will join a team of portfolio managers on the Observatory Credit Markets Fund. Ali, responsible for trading emerging markets, will be reporting to CIO Shazad Ghaffar. Before Millennium, Ali was associated with James Caird Asset Management, Bank of America Merrill Lynch and Citigroup.

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