Asset Management Sector in Qatar Set to Expand Led by New Product Offerings: Qatar Financial Centre

The latest capital market report issued by the Qatar Financial Centre (QFC) indicates that Qatar’s asset management industry is showing fast growth, with assets under management (AuM) estimated at USD 19.6 billion at the end of 2019. According to the report, global market volatility enhanced by the onset of COVID-19, will result in investment portfolios across the world witnessing a rebalancing and structural transformation in 2020.

Investment managers will seek to rethink their current operating models, with a greater emphasis on becoming leaner and more efficient. The QFC notes that this may occur to a lesser extent in Qatar as significant financial incentives offered to the private sector, added to Government s...