Qatar Investment Authority and Fiera Capital launch a $200 million equity fund.
Qatar Investment Authority (QIA) and Fiera Capital today announced the launch of the Fiera Qatar Equity Fund, valued at USD 200 million, aiming to achieve strong risk-adjusted returns through investment in assets listed on the Qatar Stock Exchange.
The fund, designed as a daily-dealing collective investment fund, is scheduled to be available to global and local institutions wishing to participate in active asset management in the Qatari equity market.
QIA will contribute as an anchor investor in the fund through capital participation in the form of cash or shares.
This reflects QIA’s commitment to its role as a long-term investor in the Qatari equity market and the reallocation of shares in companies listed on the Qatar Stock Exchange, demonstrating a desire to develop Qatar’s economic landscape and market liquidity.
This is the second partnership following the success achieved with the Ashmore Group, where the Ashmore Qatar Equity Fund, established by QIA, delivered outstanding returns, increased international investor awareness, and positively contributed to market activity.
Mohammed Saif Al-Suwaidi, CEO of QIA, clarified that attracting foreign asset managers to invest in Qatari equities will enhance market participation and help achieve its diversification and expansion.
He added: The launch of the Fiera Fund represents a significant second partnership within our active asset management initiative, underscoring QIA’s commitment to supporting Qatar’s financial markets.
The Fiera Qatar Equity Fund represents an important step for QIA’s active asset management initiative, working to establish partnerships with leading global asset managers who have experience in the Gulf Cooperation Council (GCC) countries and local asset managers who meet QIA’s investment criteria.
Fiera Capital is an independent asset management firm with assets under management totaling USD 117 billion.
