Qatar Investment Authority (QIA) and Vieira Capital have announced a new fund called the Vieira Qatar Equity Fund, worth $200 million. The goal of the fund is to earn good returns while managing risk carefully. It will do this by investing in companies listed on the Qatar Stock Exchange.
The fund is set up as a mutual fund, meaning it’s easy to buy and sell shares in it daily. It will be open to both local and international organizations that want to invest in the Qatari stock market actively.
The Qatar Investment Authority (QIA) will be a key investor in the fund, providing capital either in cash or through shares.
The Qatar Investment Authority (QIA) is showing its strong commitment to the Qatari stock market by investing for the long term and adjusting its shareholdings in listed companies.
This strategy is designed to support the growth of Qatar’s economy and make the stock market more active and easier to trade in (more liquid).
This is the second partnership of its kind, following the successful collaboration with the Ashmore Group. The Ashmore Qatar Equity Fund, created by the Qatar Investment Authority, delivered strong returns, helped attract international investor interest, and boosted activity in the Qatari stock market.
Mohammed Saif Al Suwaidi, CEO of Qatar Investment Authority, said that bringing in international investment companies to invest in Qatari stocks will increase market activity and support the growth and diversification of the economy.
He added that launching the Vieira Fund is an important second step in their plan to actively manage investments. It shows that the Qatar Investment Authority is committed to supporting Qatar’s financial markets.
The Vieira Qatar Equity Fund is an important part of the Qatar Investment Authority’s (QIA) plan to actively manage its investments. As part of this plan, QIA is building partnerships with top global investment firms that understand the GCC region, as well as with local managers who meet QIA’s investment standards.
Vieira Capital is an independent investment management firm that manages $117 billion in assets.
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