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Sovereign Wealth Funds Briefing - Categorized | Market

Qatar, Barclays in asset-management deal

Posted on 02 May 2012

Qatar on Monday signed an asset-management deal with a private-equity unit of U.K.-based Barclays PLC, an agreement that will see the wealthy Gulf state co-invest $250 million in a push to broaden its commodities investment.
Qatar Asset Management Co., or QAMC, a joint venture between the Arab Gulf state’s sovereign-wealth fund and the Qatar Financial Centre Authority will co-invest $250 million in the portfolio of in Barclays Natural Resource Investments, or BNRI, the two companies said………………………………………..Full Article: Source


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