11.07.2012 - Qatar: Speak softly and corner the luxury market
Very soon a louche Londoner may leave his flat in the English capital’s new luxury high-rise, motor in his Lamborghini to Tiffany’s to pick up a trinket for his favorite female and perhaps drop by Harrod’s to splurge on a thigh-high number for her by the chic dressmaker Valentino. Every step of the way, our binging Brit may be bolstering the sovereign wealth fund of Qatar. In April, it was announced that the Qatar Investment Authority, now valued at about $100 billion, had quietly absorbed five percent of Tiffany stock, surprising even executives at the jewelry brand...............................................Full Article: Source
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