- Qatar's sovereign wealth fund QIA and JPMorgan Asset Management plan a $20 billion strategic partnership across public and private markets.
- JPMorgan will manage $15 billion in customised global equity portfolios for QIA under the preliminary agreement.
- A $5 billion private markets initiative is part of the partnership.
Quotes
“Qatar's sovereign wealth fund QIA and JP Morgan Asset Management (JPM.N), opens new tab plan to launch a $20 billion strategic partnership across public and private markets in both equities and credit, the two companies said in a statement on Monday.”
“Under the preliminary agreement, JP Morgan will manage customised global equity portfolios for QIA worth $15 billion.”