The Qatar Stock Exchange confirmed that the Qatar Investment Authority/ and/ and/ Vieira Capital/ represented in the launch of the “Vieira Fund for Qatar Stocks” worth $ 200 million to invest in shares of listed Qatari companies an important step that enhances market liquidity and expanding the investor base.
The Qatar Stock Exchange stated in a statement published on its website today, that this step reflects the role of the Qatar Investment Authority in supporting the local economy and its various sectors, including the financial markets sector and the asset management sector.
The active asset managers considered the initiative a qualitative shift in promoting free stocks traded in the Qatar Securities Market, by converting strategic shares into active liquidity, as the contribution of the Qatar Investment Authority (as a major investor) means that part of his long -term holdings in companies listed into stakes available to active management within the fund increases the size of trading and canable shares. This contributes to attracting dynamic institutional investments and new investors enter the market.
The Stock Exchange confirms that this initiative, which represents a prominent addition to the portfolio of the specialized funds in the local market, will contribute to promoting market liquidity by attracting sustainable quality investments and will contribute to diversifying the investor base and consolidating Qatar’s position as an attractive regional financial center. It also confirms its aspiration for the continued cooperation with the Qatar Investment Authority in supporting such pivotal initiatives, which contribute to achieving the goals of the third strategic plan for the financial sector and Qatar National Vision 2030.
It should be noted that the Qatar Investment Authority plays an active role in stimulating local capital markets through a series of strategic initiatives, starting with the Market Industry Initiative, through the Financial Endowment and borrowing initiative, to the initiative to manage the active assets launched in 2024. The initiative’s achievements continue through qualitative partnerships, where the device held the first cooperation with the Ashmour Group to launch an investment fund specialized in Qatari stocks at a value 200 million dollars, to recite the second partnership announcement with Vieira Capital to create an investment fund in the Qatari money market.