Sovereign wealth
Trading, Broking & Stock Exchanges
Uncategorized
Wealth and Asset Management
Qatar Wealth Fund May Have Lost Billions on VW, Glencore Stakes
Qatar’s sovereign-wealth fund may have lost $4.6 billion in just two days from its stakes in Volkswagen AG and Glencore Plc. Qatar Investment Authority, the biggest holder of VW’s preferred shares and the third-largest owner of its ordinary stock, stands to have seen 3.8 billion euros ($4.3 billion) evaporate from…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg Business