Qatar Investment Authority is awarded $1 billion in QFII quota, beating the previous high of $700 million, as China’s foreign exchange regulator hands out $2.5 billion to 11 firms in its latest batch.
Qatar Investment Authority has boosted its legal team by hiring a partner from the US law firm’s Japan office to help allocate its fast-growing pool of capital.
Asian SWFs have overtaken Middle East government investment arms as the largest acquirers of assets this year, and the biggest increase in spending is in the natural resources sector.