Latest news with #MohammedSaifAlSowaidi
Qatar Tribune
7 days ago
- Business
- Qatar Tribune
QIA, Fiera Capital launch $200 million Fiera Qatar equity fund
QNA Doha Qatar Investment Authority (QIA) and Fiera Capital announced on Wednesday the launch of the Fiera Qatar Equity Fund. With $200 million in assets under management, the Fund aims to deliver superior risk-adjusted returns by investing in equities listed on the Qatar Stock Exchange (QSE). The Fund - structured as a daily-dealing mutual fund - will be available to international and local institutions desiring actively-managed exposure to Qatar's equity market. QIA is acting as the Fund's anchor investor, contributing capital in the form of cash and stock. QIA remains a committed long-term investor in the Qatar equity market and the reallocation of QSE-listed company shares reflects a desire to enhance Qatar's economic landscape and market liquidity. This is the second partnership announced as part of QIA's Active Asset Management Initiative, following the successful partnership with the Ashmore Group. QIA CEO Mohammed Saif Al Sowaidi said, 'It is part of QIA's mandate to support the development of a competitive Qatari economy. Attracting overseas asset managers to invest in Qatar equity will fuel market participation and help to diversify and broaden the market. The Fiera Capital fund launch is an exciting second partnership in our Active Asset Management Initiative and builds on QIA's commitment to support Qatar's financial markets.' Executive Director and CEO, Fiera Capital EMEA, Klaus Schuster commented, 'To be selected by QIA to manage its capital is a testament to the competitive strength and consistent outperformance of our equity investment capability. It is our responsibility as fiduciaries to now put this capital to work; to create wealth for institutional investors, but also to diversify Qatar's capital markets.' The Fiera Qatar Equity Fund marks a significant step forward for QIA's Active Asset Management Initiative which establishes partnerships both with leading global asset managers with GCC expertise and local asset managers that meet the investment considerations for a QIA investment. Fiera is a leading independent asset management firm with $117 billion in assets as of 31 March 2025. Ashmore Group has received authorisation and is currently in the process of opening an office in Doha.
Qatar Tribune
25-06-2025
- Business
- Qatar Tribune
QIA, Fiera Capital launch $200mn Fiera Qatar Equity Fund
DOHA: Qatar Investment Authority (QIA) and Fiera Capital announced the launch of the Fiera Qatar Equity Fund. With $200 millionin assets under management, the Fund aims to deliver superior risk-adjusted returns by investing in equities listed on the Qatar Stock Exchange (QSE). The Fund - structured as a daily-dealing mutual fund - will be available to international and local institutions desiringactively-managed exposure to Qatar's equity market. QIA is acting as the Fund's anchor investor, contributing capital in the form of cash and stock. QIA remains a committed long-term investor in the Qatar equity market and the reallocation of QSE-listed company shares reflects a desire to enhance Qatar's economic landscape and market liquidity. This is the second partnership announced as part of QIA's Active Asset Management Initiative, following the successful partnership with the Ashmore Group. QIA CEO Mohammed Saif Al Sowaidi said, "It is part of QIA's mandate to support the development of a competitive Qatari economy. Attracting overseas asset managers to invest in Qatar equity will fuel market participation and help to diversify and broaden the market. The Fiera Capital fund launch is an exciting second partnership in our Active Asset Management Initiative and builds on QIA's commitment to support Qatar's financial markets." Executive Director and CEO, Fiera Capital EMEA, Klaus Schuster commented, "To be selected by QIA to manage its capital is a testament to the competitive strength and consistent outperformance of our equity investment capability. It is our responsibility as fiduciaries to now put this capital to work; to create wealth for institutional investors, but also to diversify Qatar's capital markets." The Fiera Qatar Equity Fund marks a significant step forward for QIA's Active Asset Management Initiative which establishes partnerships both with leading global asset managers with GCC expertise and local asset managers that meet the investment considerations for a QIA investment. Fiera is a leading independent asset management firm with $117 billion in assets as of 31 March 2025. Ashmore Group has received authorisation and is currently in the process of opening an office in Doha.
Zawya
25-06-2025
- Business
- Zawya
QIA launches $200mln fund with Fiera Capital to boost investment in Qatari stocks
The Qatar Investment Authority and Canadian asset manager Fiera Capital have launched a $200 million fund to boost foreign and local investment into the Gulf state's stock market, QIA said on Wednesday. The fund was announced just days after a major escalation in tensions in the Middle East after Iran on Monday fired missiles at a U.S. military base in Qatar in response to U.S. attacks on Iranian nuclear sites. 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, it said in a statement. "Attracting overseas asset managers to invest in Qatar equity will fuel market participation and help to diversify and broaden the market," QIA Chief Executive Mohammed Saif Al-Sowaidi said. Qatar is one of the world's biggest exporters of liquefied natural gas. Like other Gulf oil and gas exporters, it is trying to diversify its economy away from hydrocarbons, and attract increased foreign investment. While neighbours Saudi Arabia and the United Arab Emirates have experienced an IPO boom in recent years, market insiders have attributed the lack of Qatari deals to the impact of the COVID-19 pandemic and the country's focus on the 2022 World Cup. The tie-up with Toronto-listed Fiera Capital, which had $117 billion in assets as of March 31, is part of the QIA's broader initiative to establish partnerships with global asset managers who have a Gulf focus, as well as local asset managers. They include Ashmore Group, which has launched a $200 million fund with the QIA and last month opened a Doha office. Following this week's escalation, a ceasefire between Iran and Israel was announced by Washington.
Reuters
25-06-2025
- Business
- Reuters
QIA launches $200 million fund with Fiera Capital to boost investment in Qatari stocks
DUBAI, June 25 (Reuters) - The Qatar Investment Authority and Canadian asset manager Fiera Capital ( opens new tab have launched a $200 million fund to boost foreign and local investment into the Gulf state's stock market, QIA said on Wednesday. The fund was announced just days after a major escalation in tensions in the Middle East after Iran on Monday fired missiles at a U.S. military base in Qatar in response to U.S. attacks on Iranian nuclear sites. 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, it said in a statement. "Attracting overseas asset managers to invest in Qatar equity will fuel market participation and help to diversify and broaden the market," QIA Chief Executive Mohammed Saif Al-Sowaidi said. Qatar is one of the world's biggest exporters of liquefied natural gas. Like other Gulf oil and gas exporters, it is trying to diversify its economy away from hydrocarbons, and attract increased foreign investment. While neighbours Saudi Arabia and the United Arab Emirates have experienced an IPO boom in recent years, market insiders have attributed the lack of Qatari deals to the impact of the COVID-19 pandemic and the country's focus on the 2022 World Cup. The tie-up with Toronto-listed Fiera Capital, which had $117 billion in assets as of March 31, is part of the QIA's broader initiative to establish partnerships with global asset managers who have a Gulf focus, as well as local asset managers. They include Ashmore Group (ASHM.L), opens new tab, which has launched a $200 million fund with the QIA and last month opened a Doha office. Following this week's escalation, a ceasefire between Iran and Israel was announced by Washington.
Bloomberg
20-05-2025
- Business
- Bloomberg
In Conversation With QIA CEO, Mohammed Saif Al-Sowaidi
Mohammed Saif Al-Sowaidi, CEO, QIA discusses Qatar Investment Authority's strategy, long-term vision, and role in global markets with Bloomberg's Joumanna Bercetche at the 2025 Qatar Economic Forum, Powered by Bloomberg. (Source: Bloomberg)
