Money

Qatar wealth fund CEO says sees post-Brexit investment opportunities

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LONDON There will still be chances for the Qatar Financial investment Authority, the Gulf Arab state’s acquisitive sovereign wealth fund, to invest in Britain after it leaves the European Union, its chief executive said on Monday.Qatar is among

the most high-profile investors in London, owning landmarks such as the Fragment skyscraper, Harrods department shop and Olympic Town, along with high-end hotels.It has also

sought to diversify its UK investments beyond realty, consisting of buying stakes in merchant J Sainsbury Plc and London Heathrow airport.

“I am still looking, after Brexit there will be chances QIA can actually hunt for,” Sheikh Abdullah bin Mohammed bin Saud al-Thani informed a financial investment conference in London.Asked what sectors

in Britain he was specific looking at, he said:”Our objective now in the future is truly to concentrate on infrastructure, and we will be focusing likewise on health care and IT.”(Reporting by Kylie MacLellan and Tom Finn;

modifying by William James)

Source

http://in.reuters.com/article/britain-qatar-qia-brexit-idINKBN16Y12G