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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar aims to be long-term investor in Barclays Bank

Posted on 17 June 2009

From Bloomberg: Qatar aims to keep its stake in Barclays Plc because it’s committed to the bank as a long-term investor. Qatar Holding LLC, a unit of the country’s sovereign wealth fund, sold 35 million shares in April, reducing its stake in Barclays to 487.8 million shares, or 5.8 percent.

“We will keep the shares because we want to be investors in the long run,” Qatar’s prime minister Hamad Bin Jasim Bin Jaber al-Thani said today at a business conference in the capital, Doha……..Full Article: Source


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