Qatar’s sovereign wealth fund will turn its focus to commodities, particularly food and energy, in the second half of the year, a senior official said on Thursday.
Hussein al-Abdullah, executive director of the Qatar Investment Authority, which is estimated to have assets of about $60bn (€46.6bn, £43.1bn), said the fund would do “nothing” until the beginning of the second half of the year, when it will review its strategy.
After that period “the sectors we will focus more on are commodities, food, energy and water because it is an important sector and the prices will pick up”, Mr Abdullah said at a conference in Dubai.
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