Monday 2 October 2017

Qatar Fund Is Said to Explore Asset Sales as It Looks Homeward - Bloomberg

Qatar Fund Is Said to Explore Asset Sales as It Looks Homeward - Bloomberg:

"One of the world’s biggest buyers of trophy assets is becoming a seller. Isolated by powerful Arab neighbors, Qatar’s sovereign wealth fund is reversing a decade-long run in high-profile foreign investments to buttress its own economy. The Qatar Investment Authority, which has reduced its direct holdings in Credit Suisse Group AG, Rosneft PJSC and Tiffany & Co. in recent months, is considering selling more of its $320 billion of assets, which includes stakes in Glencore Plc and Barclays Plc, and channeling the proceeds into its home market, according to people familiar with the matter."



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