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Sovereign Wealth Funds Briefing - Categorized | Market

QIA dismisses oil prices effect

Posted on 24 November 2014

Despite this impacting on the finances of the oil-dependent Gulf States, Qatar Investment Authority (QIA) will not change its investment strategy, the sovereign wealth fund’s chief executive stated, reported in the Gulf Daily News.
“In QIA, we have a long-term strategy, which accounts for the volatility in the market,” Ahmed Al Sayed told reporters on the side-lines of the industry conference in Doha. “We are adjusted and ready for such a scenario.” Questioned about a short-term adjustment, he answered: “No, I don’t think so. We evaluate the market from time to time.”………………………………….Full Article: Source


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