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Qatar Investment Authority cannot exit Russian market
Abstract:DOHA (Reuters) – The Qatar Investment Authority cannot exit the Russian market and is waiting to assess its position there because of the Ukraine crisis, the sovereign wealth funds chief investment officer for Europe, Russia and Turkey said Tuesday.
div classBodysc17zpet90 cdBBJodivpDOHA Reuters – The Qatar Investment Authority cannot exit the Russian market and is waiting to assess its position there because of the Ukraine crisis, the sovereign wealth funds chief investment officer for Europe, Russia and Turkey said Tuesday. p
p“We cant do much in Russia…We have to really assess where to stand on those opportunities there. I think it is a very difficult position for us, being an investor with one name.” pdivdivdiv classBodysc17zpet90 cdBBJodiv
pQIA owns a 19 stake in Russian statebacked oil giant Rosneft, which AlHammami said is the funds only holding “of significance” in Russia. p
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pp Reporting and writing by Andrew Mills in Doha, Editing by Louise Heavensp
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