24.04.2012 - QIA planning to invest $30bln in commodities
Qatar Investment Authority (QIA), the Gulf state's aggressive sovereign wealth fund, has more than $30 billion to spend on investments this year and sees commodities as a key target, a senior executive of the fund said. "We like commodities, we like to invest in commodities. Since 2002, the commodity price trend keeps going up," Hussain Al Abdulla, QIA's executive board member said. "Also, because of the financial crisis, people are not investing enough in commodities. Maybe in 2016 and 2017 that might create a gap between supply and demand that might push the price even higher up."..............................................Full Article: Source
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