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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatar to buy $4.1bn in real estate from banks

Posted on 29 May 2009

From FT: The Qatar Investment Authority, the sovereign wealth fund, bought 5 per cent stakes in all local banks last year and is expected to take another 5 per cent this year.

In March, the government said it would buy the local equity portfolios of banks, worth an estimated $6bn, to prevent mark-to-market investment losses from hitting banks…….Full Article (Subscription Required) : Source


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