The Peninsula Qatar - Mideast funds to raise weightings in Qatar

The Peninsula Qatar - Mideast funds to raise weightings in Qatar:



"Middle East-based investment funds have become much more bullish on Qatar’s stock market, citing heavy government spending and attractive valuations, the latest monthly Reuters survey of the region shows.



Fifty-six percent of 16 leading investment managers said they expected to raise allocations to Qatari equities in the next three months, while only 6 percent expected to cut them. That was the biggest positive change among the six major markets in the survey, and compared with 20 percent saying they would raise allocations to Qatari stocks in December’s survey.



Qatar’s government spending is expected to rise 11.6 percent in 2014 from the 2013 plan as the government boosts infrastructure construction, partly in preparation to host the 2022 soccer World Cup, the Ministry of Development Planning and Statistics said last month. "



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