28.06.2010 - Gulf investors to increasingly look abroad, Credit Suisse says
From Bloomberg: The Qatar Investment Authority, the Persian Gulf countryís sovereign wealth fund, this month agreed to invest $2.8 billion in the Agricultural Bank of China Ltd.ís 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 poundís weakness..............................................Full Article: Source
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