In the media
Qatar Investment Fund Plc is to broaden its investment strategy from focusing largely on Qatar to targeting other rich oil exporting countries in the region, its board said on Monday, adding that it would also change its name.
The board of Qatar Investment Fund PLC board has announced that its intends to change its investment policy from a largely Qatar-focused investment strategy to one that targets a broader, Gulf Cooperation Council (GCC) remit.
Chinese and Qatari stakes spark ECB interest. Inquiry likely to strain ties with Beijing.
The Qatar Investment Authority tends to make bold bets across a number of sectors, often with strategic objectives in mind. But performance varies widely and investments in resource companies mirror its own gas-dependent economy.
An expectation that global interest rates will rise – or at the very least the Bank of England will reverse its post-Brexit vote cut to 0.25% – has weakened the share prices of many ‘bond proxy’ income funds, most notably HICL Infrastructure (HICL).