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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Qatar well-positioned to overcome gloom

Posted on 29 December 2008

From Thepeninsulaqatar.com: Qatar is well-positioned to overcome the hurdles posed by the economic gloom due to its massive sovereign wealth fund, the Qatar Investment Authority (QIA).

“The QIA sovereign fund - the industry investment fund handled by the government - positioned investments in sector-related businesses rather than volatile assets, so that is very safe. Financially speaking, Qatar has a good chance of acquiring some of the good productive sectors assets in other countries,” said Dr. Hatem El Karanshawry, economist and dean of the Faculty of Islamic Studies at Qatar Foundation….. Full Article: Source


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