19.06.2015 - Qatar SWF Said to Plan Overhaul of $304B Portfolio
The opaque sovereign wealth fund is reportedly seeking to introduce asset allocation targets for the first time. The Qatar Investment Authority (QIA) is said to be planning a wide-ranging overhaul of its estimated $304 billion portfolio, according to a report. The QIA will set out target asset allocation levels for the first time and restructure its decision-making processes, Reuters reported, citing several anonymous sources. An update to the sovereign wealth fund’s website introduced a link labelled “QIA Review—Coming Soon”, but no more information has been made available. The fund is already reviewing some of its mining assets, Reuters’ sources said. One banker working with the QIA said “it makes much more sense to take a more institutionalized approach” as the fund grows in size...............................................Full Article: Source
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