Qatar SWF Largest Shareholder in Tiffany
Posted on 04/23/2012
Qatar’s sovereign wealth fund now has a significant stake in a US public luxury company. The Qatar Investment Authority (QIA), who owns Harrods, now owns a 5.2% stake in Tiffany through Qatar Holding. Earlier, the QIA made an investment in LVMH for a 1% stake. Luxury goods are an attractive investment, since many emerging economies […]