Monday 2 November 2009

Qatar fund aims to diversify through Asia

Qatar Holding, the direct investment arm of the Qatar Investment Authority, will soon open an office in China as it seeks to boost its growing investment portfolio in the Far East, its chief executive says.

It hopes the office will open up more opportunities in China as it hunts down similar investments to those it has in Credit Suisse, Barclays and Volkswagen/Porsche.

“Asia is a growth market for us – we are really serious about finding the right opportunity there,” Ahmad al-Sayed told the Financial Times in his first interview since becoming chief executive in October last year.

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