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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar Investment Authority has $30 bln to invest in 2012

Posted on 26 April 2012

Qatar Investment Authority, the Gulf Arab country’s sovereign wealth fund, has $30 billion to invest this year, board member Hussain Al Abdulla said. “We don’t have any geographic allocation or asset allocation or currency allocation,” he said. “We are very much opportunistic.”

Qatar, holder of the world’s third-largest natural gas reserves, is seeking to diversify its economy by investing in companies, industrial projects and real estate abroad. The Qatar Investment Authority, or QIA, has “much more” than $100 billion of assets, Al Abdulla said……………………………………….Full Article: Source


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