The Qatar Investment Authority (QIA) and Canadian asset management firm Fiera Capital have unveiled the Fiera Qatar Equity Fund, a new investment vehicle targeting equities listed on the Qatar Stock Exchange (QSE). The fund, which holds USD 200 million in assets under management, is designed to provide superior risk-adjusted returns through active management. It will be accessible to both local and international institutional investors seeking exposure to Qatar’s equity market via a daily-dealing mutual fund structure.
QIA is the anchor investor in the fund, contributing capital in cash and stock. The sovereign wealth fund remains committed to the Qatar equity market over the long term, with the reallocation of shares in QSE-listed companies aimed at enhancing the country’s economic landscape and improving market liquidity.
Mohammed Saif Al-Sowaidi, CEO of QIA, stated, “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.”
This launch marks the second partnership under QIA’s Active Asset Management Initiative, following its collaboration with the Ashmore Group. The initiative focuses on partnering with leading global asset managers experienced in the Gulf Cooperation Council (GCC) region, as well as qualified local managers, with QIA providing seed capital through share reallocations.
Klaus Schuster, Executive Director and CEO of Fiera Capital EMEA, commented, “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.”
Fiera Capital is a prominent independent asset manager with USD 117 billion in assets as of 31 March 2025, offering multi-asset investment solutions across public and private markets globally. This partnership with QIA represents a significant step in expanding Qatar’s financial market participation and investment diversity.
About QIA
Qatar Investment Authority (“QIA”) is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.
About Fiera Capital Corporation
Fiera Capital Corporation (“Fiera Capital”) is a leading independent asset management firm with a growing global presence. Fiera Capital delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia. Fiera Capital’s depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange.
Headquartered in Montreal, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (U.S.), London (UK), and Hong Kong (SAR).
