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Sovereign Wealth Funds Briefing - Categorized | Investment, Research

Gulf investors to increasingly look abroad, Credit Suisse says

Posted on 28 June 2010

From Bloomberg: The Qatar Investment Authority, the Persian Gulf country’s sovereign wealth fund, this month agreed to invest $2.8 billion in the Agricultural Bank of China Ltd.’s initial public offering. Kuwait Investment Authority, the wealth fund in neighboring Kuwait, said it would buy $800 million of stock.
The Qatar wealth fund has also been buying up properties in London to take advantage of lower prices and the pound’s weakness……………………………………….Full Article: Source


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