Qatar SWF Drops Flashy Deals as Foreign Policy Shifts, Report Says - Middle East Real Time - WSJ

Qatar SWF Drops Flashy Deals as Foreign Policy Shifts, Report Says - Middle East Real Time - WSJ:



"The Qatar Investment Authority, Qatar’s main sovereign wealth fund, appears to be shunning the flashy deal-making of its past in favor of a more conservative approach, in line with a shift in the country’s foreign policy away from high-visibility regional diplomacy, according to a recent report by GeoEconomica, a Geneva-based political risk advisory firm.



Estimated to have about $175 billion under management, the QIA has long been one of the Middle East’s biggest and most aggressive investment pools.

GeoEconomica

Guided by former deputy head Sheikh Hamad bin Jassim Al Thani, the QIA and an investment arm called Qatar Holding helped rescue Barclays BARC.LN -0.48% PLC and Credit Suisse after the financial crisis and snapped up stakes in car-maker Volkswagen, U.K. supermarket chain Sainsbury’s and luxury retailer Tiffany & Co., among other high-profile assets."



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