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MENAFN - Qatar News Agency - 16/02/2014
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(MENAFN - Qatar News Agency) HE the CEO of Qatar Investment Authority (QIA) Ahmad Al-Sayed has said that the strategy of QIA is mainly inspired by the vision of HH the Emir Sheikh Tamim Bin Hamad Al Thani, Chairman of QIA, considering the QIA as a saving fund for the future.



Al-Sayed was speaking publicly for the first time since his appointment to confirm the vision for QI



In an interview with Bloomberg Television in London, HE Al-Sayed said, "The QIA is working with a professional management team to enhance our return and achieve our objective." Al-Sayed outlined some of the key focuses for QIA, stressing that it is a global fund open to partnerships all over the world and not limited or restricted to a specific area or a countr



The objectives of the QIA is to be managed on business rules and principles and achieve reasonable financial revenue



Replying to a question on the fund's keenness to invest in the UK, HE Al-Sayed highlighted that "Britain is one of our main destinations for investmen



The successful deals resulted in good revenues to everyone and the QIA was happy to invest more in the UK when the right opportunity came alon



"Britain in one of our major destinations of our investment, It has a great system with great regulation



We have Harrods, we have other investments in Britain like Barclays, Sainsbury, Canarywharf and London Stock Exchange. We are happy to invest more when opportunities come along," Al-Sayed elaborate




Speaking about successful deals, Al-Sayed said, "QIA sees success as making a deal on the right terms and making it a win-win for everyon



Because if it is a win-win to both parties, it will be a sustainable and long-term investmen



It's not about big, it's about quality and showing a good result. We are a global fun



We invest globally, we diversify our assets geographically and by asset classes, and we have asset allocations so we will invest whenever the opportunity comes." HE Al-Syed noted that, on the basis of clear conditions and risk rules the QIA has helped its partners when asked t



He set Barclays and Credit Suisse as examples of this hel



"We helped in the merger between Porsche and Volkswagen into one group, and this applied also on the merger between Glencore and Xstrat



We create long-term value for the management, for the shareholders and even for the countries we invest i



We welcome this type of investment and will be happy to discuss opportunities with anyone who has a good idea", he adde



Commenting on global market opportunities, Al Sayed continued by saying: "Europe is doing fine, America is seeing sustained growth, while the Emerging markets could be interesting in light of their volatilities and the pressures they are subjected to as a result of the US Federal Reserve tapering polic

 


Qatar News Agency




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