Qatar Investment Authority's hit from the slide in Volkswagen and Glencore shares can only underline the sovereign wealth fund's need to continue to diversify its asset base, industry sources said.
The German carmaker has
British oil company Heritage Oil agreed a 924 million pound ($1.6 billion) takeover offer from a fund owned by the former chief executive of Qatar's sovereign wealth fund.
Heritage, whose main oil production is in Nigeria, sai
The Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena to buy a 15-20 per cent stake in the troubled Italian lender ahead of its much-awaited rights issue, daily Il Messaggero said.
Qatar Holding is among a handful of investors that have put money into BlackBerry's $1 billion convertible debt offering, a source familiar with the financing plan said.
The Qatari sovereign wealth fund bought as much as $200
Qatar's sovereign wealth fund has sold the last of the warrants it owns in Barclays, notching up a gain of more than £1.7 billion ($2.7 billion) from the fundraising deal it struck with the bank four years ago.
Qatar Holding, the investment arm of the gas-rich nation's sovereign wealth fund, is set to unveil a deal in the property and leisure sector in the Italian island of Sardinia including a clutch of luxury hotels, a source close to the matter sa
Qatar's sovereign fund will buy the remaining 10 per cent of a promised 20 per cent stake in the Gulf state's banks in the first-quarter, Prime Minister Sheikh Hamad bin Jassim Al Thani said in published remarks on Tuesday.
The $70-billion Qatar Investment Authority (QIA) is set to focus increasingly on Asia and other emerging markets, and will have to diversify away from 'trophy assets' to ensure sustainable growth, said analysts.
It may invest $2.8