Qatar’s sovereign wealth fund looks to diversify in Asia and US - FT.com

Qatar’s sovereign wealth fund looks to diversify in Asia and US - FT.com:



"Qatar’s $256bn sovereign wealth fund has unveiled a new investment strategy which will see it make investments in Asia and the US as it looks to diversify its asset base, according to people familiar with the matter.



The Qatar Investment Authority new strategy follows a review carried out by chief executive, Sheikh Abdullah bin Mohamed bin Saud Al Thani, who was appointed last December.



In a presentation to staff made in the past few weeks, the fund said it would focus on Asia and the US to complement its strong base in European real estate and blue-chips, the people said."



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