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Sovereign Wealth Funds Briefing - Categorized | Market

Investment funds bullish on Qatari stocks

Posted on 06 February 2014

Driven by massive planned government spending and attractive valuations, investment funds are becoming much more bullish on Qatari stocks. Abu Dhabi Investment Company (AD Invest) and Kuwait headquartered Global Investment House (GIH) recently noted that Qatari stocks will remain bullish aided by a significant government tailwind and huge fund inflows.
Reuters quoted Afa Boran, head of asset management at Amwal Qatar, as saying: “Qatar has better near-term growth prospects than any other regional market. The government has a significant budget for infrastructure spending which we expect will be largely spent over the next three to five years,”………………………………………..Full Article: Source


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