Qatar Fund Plans U.S. Deals to Diversify Amid Gulf Crisis - Bloomberg

Qatar Fund Plans U.S. Deals to Diversify Amid Gulf Crisis - Bloomberg:

"Qatar plans more U.S. investments as it seeks to diversify its assets further as a diplomatic standoff with its Gulf neighbors continues.

The Qatar Investment Authority, which was created to handle the windfall from the world’s largest liquefied natural gas export base, will spend most of what remains of its $45 billion investment target on infrastructure in the U.S., Chief Executive Officer Sheikh Abdullah Bin Mohammed Bin Saud Al Thani said in Doha Wednesday. The fund, which is also looking for technology and healthcare assets, has invested more than half of the money so far, he said.

“For a long-term investor like us having to liquidate some of your assets with asset prices at the bottom is the worst-case scenario,” he said. “How can you develop a global portfolio strategy when you are faced with uncertainty? The answer is diversification. Diversify your investment by region, diversify by investing in all sectors.”"



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