"Qatar is thinking big when it comes to asset management.
The gas-rich emirate has large ambitions to develop its domestic capital markets and to build a world-class asset management industry that can better serve the county’s vast wealth and that of the entire Middle East.
Estimates suggest that a $1.5tn wealth pool is held across the six states of the Gulf Co-operation Council by institutions (excluding sovereign wealth funds) via banks, insurance companies, private corporates and wealthy individuals. That pool jumps to $3tn once the GCC’s richest families are included."
'via Blog this'
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