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Wednesday, 11 January 2017

Qatar Sovereign Wealth Fund's $335 Global Empire - Bloomberg

Qatar Sovereign Wealth Fund's $335 Global Empire - Bloomberg:

"Qatar is regaining its appetite for deals. In the past two months alone, the world’s richest country per capita invested in Turkey’s biggest poultry producer, Russian oil giant Rosneft PJSC, and U.K. gas company National Grid Plc.

The investments have been made through the Qatar Investment Authority, created in 2005 to handle the country’s windfall from liquefied natural gas sales, of which it is the world’s biggest exporter.

Since then, the country - with a population smaller than Houston - has amassed $335 billion in assets around the globe, making its sovereign wealth fund the 14th largest in the world, according to the Sovereign Wealth Fund Institute."

'via Blog this'