Monday, 16 May 2011

FUND VIEW-Qatar fund at ease with regional strife | Reuters

The managers of a fund investing in Qatari companies insist it is safe from a falling oil price, shaky world economy and Middle Eastern political unrest as it moves from a London AIM listing to the main market.

David von Simson, chairman of the Qatar Investment Fund, said recent pressure on the Qatari market in response to Arab revolutions made little impact on the robust gains seen through the second half of last year.

The fund's shares increased by about 30 percent in the last two quarters of 2010 and are little changed since the start of 2011 despite a volatile first three months of the year.

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