Tuesday 29 September 2015

Qatar sovereign wealth fund suffers $12bn paper loss - FT.com

Qatar sovereign wealth fund suffers $12bn paper loss - FT.com:

"Qatar’s sovereign wealth fund has had a quarter to forget — suffering as much as $12bn of losses on Volkswagen, Glencore and Agricultural Bank of China, three of the biggest equity investments of its roughly $250bn fund.
With two days of the third quarter to go, the Qatar Investment Authority is likely to be nursing losses on eight of its top 10 holdings, according to Financial Times calculations based on Bloomberg compilations of regulatory filings."



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