Qatar Investment Authority (QIA) and Fiera Capital announced on Wednesday the launch of the Fiera Qatar Equity Fund. With $200 million in assets under management, the fund aims to deliver superior risk-adjusted returns by investing in equities listed on the Qatar Stock Exchange (QSE).
The fund, structured as a daily-dealing mutual fund, will be available to international and local institutions desiring actively managed exposure to Qatar’s equity market.
“It is part of QIA’s mandate to support the development of a competitive Qatari economy. Attracting overseas asset managers to invest in Qatar equity will fuel market participation and help to diversify and broaden the market. The Fiera Capital fund launch is an exciting second partnership in our Active Asset Management Initiative and builds on QIA’s commitment to support Qatar’s financial markets,” said QIA CEO Mohammed Saif Al Sowaidi.
QIA expands Active Asset Management Initiative
QIA is acting as the fund’s anchor investor, contributing capital in the form of cash and stock. The authority remains a committed long-term investor in the Qatar equity market, and the reallocation of QSE-listed company shares reflects a desire to enhance Qatar’s economic landscape and market liquidity.
This partnership with Fiera Capital is the second under QIA’s Active Asset Management Initiative, following the successful partnership with the Ashmore Group.
“To be selected by QIA to manage its capital is a testament to the competitive strength and consistent outperformance of our equity investment capability. It is our responsibility as fiduciaries to now put this capital to work; to create wealth for institutional investors, but also to diversify Qatar’s capital markets,” commented Klaus Schuster, executive director and CEO of Fiera Capital EMEA.
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The Fiera Qatar Equity Fund marks a significant step forward for QIA’s Active Asset Management Initiative which establishes partnerships both with leading global asset managers with GCC expertise and local asset managers that meet the investment considerations for a QIA investment.
Fiera is a leading independent asset management firm with $117 billion in assets as of March 31, 2025. Ashmore Group, which has also launched a $200 million fund with the QIA, has received authorization and is currently in the process of opening an office in Doha.