Joseph Kelly, director of market analysis at Real Capital Analytics, said: "For
sovereign wealth funds like the Qatar Investment Authority, property deals are about wealth preservation not returns.
KIA is the second
sovereign wealth fund from the region, after the Abu Dhabi Investment Authority, to obtain this quota.
Kuwait, one of the world's top crude exporters, has a
sovereign wealth fund managing assets in excess of $290 billion.
The
Sovereign Wealth Fund Institute is a global organization designed to study
sovereign wealth funds and other long-term governmental investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade, and other relevant issues.
Sovereign Wealth Funds (SWF) have, in recent years, been facing increasing regulation, and have had to deal with protectionist measures and greater attention from states based on issues of security, as seen in the Dubai Ports case in the USA, a seminar was told yesterday.
Singapore-based Noble Group, a commodities firm, has announced that South Korean
sovereign wealth fund, Korea Investment Corp (KIC), has acquired a stake in it.
ADIA is a major investor in Citigroup and is widely considered to be the world's largest
sovereign wealth fund, though it does not disclose the size of its assets.
The industrial, mineral, agricultural, shipping, service including tourism, IT, export of products and service sectors are the businesses which could use the facilities of the
sovereign wealth fund of Iran.
The value of investments held by the
sovereign wealth fund had fallen by about 10 to 15 per cent from around $10 billion as a result of the global economic downturn, chief executive Talal Alzain said.