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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar Asset Management puts $250 mln into Barclays Natural Resource Investments

Posted on 02 May 2012

Qatar Asset Management Co. — a joint venture between Qatar Investment Authority, the nation’s sovereign wealth fund, and the Qatar Financial Center Authority — will provide about $250 million in capital to Barclays Natural Resource Investments in exchange for helping develop the nation’s asset management capabilities, sources said.
The agreement is the first in what is expected to become a series of collaborations between fund managers and the SWF-backed asset management company in an effort to expand Qatar’s financial sector, said Shashank Srivastava, managing director and board member of the QFC Authority — a government organization set up in 2005 to help expand the nation’s financial sector………………………………………..Full Article: Source


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