22.06.2015 - Qatar's USD256bn sovereign wealth fund to further invest in Asia
The Qatar Investment Authority (QIA), the country's USD256bn sovereign wealth fund, has announced new strategy that will see it allocate more money in Asia and the US. The move is part of QIA's efforts to diversify its asset base to complement its strong based in Europe. The Financial Times has quoted source as saying that QIA is diversifying into Asia and the US after making hefty investments in London and Paris. Last year, the QIA, which is considered the ninth largest fund the world, allocated USD15bn to USD20bn for investments into Asia, particularly in the healthcare, infrastructure and real estate sectors...............................................Full Article: Source
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