QIA Launches US$200-Million Fund with Fiera Capital to Boost Investment in Qatari Stocks

QIA launches US$200-million fund with Fiera Capital to boost investment in Qatari stocks

Qatar is trying to diversify its economy away from hydrocarbons and attract increased foreign investment

QIA launches $200mln fund with Fiera Capital to boost investment in Qatari stocks

The Fiera Qatar Equity Fund will be structured as a daily-dealing mutual fund, and QIA - the country's $500 billion sovereign wealth fund - will be its anchor investor

$200m fund to invest in Qatari stock market

A new $200 million fund anchored by the sovereign Qatar Investment Authority (QIA) will invest in Qatari equities to support market liquidity. The Fiera Qatar Equity Strategy, launched in collaboration with the Toronto-listed Fiera Capital Corporation, intends to deliver high-risk-adjusted returns by investing in companies listed on the Qatar bourse. QIA will contribute capital in the form of cash and stock; however, no specifics were provided. …