QFC and Ashmore Group sign MoU to boost Qatar’s asset management sector
The Peninsula
Doha, Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, signs an MoU with the Ashmore Group, a globa...
Doha, Qatar: Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, signs an MoU with the Ashmore Group, a globally recognised emerging markets asset manager that manages $46.2bn, to support the expansion of Qatari capital markets.
The partnership aims to strengthen Qatar’s local asset management sector by fostering knowledge exchange and promoting the development of innovative investment solutions.
A central element of the agreement is the commitment to nurturing local talent within the financial services industry, supporting Qatar’s broader vision of building a diversified, knowledge-based economy.
Commenting on the importance of this partnership, Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC, said: “Ashmore Group’s deep expertise in asset management, combined with the QFC’s drive for financial innovation, makes this partnership a strong catalyst for long-term development.
Through this collaboration, we aim to strengthen Qatar’s asset management sector and elevate our capital markets by introducing global best practices and innovative investment solutions.”
