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IGM Financial : Mackenzie Investments Announces June 2021 Distributions for its Exchange Traded Funds

IGM Financial : Mackenzie Investments Announces June 2021 Distributions for its Exchange Traded Funds
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Exclusive: Qatar fund put pandemic bets on distressed debt, high-grade bonds - sources


4 Min Read
DUBAI (Reuters) - Qatar Investment Authority is generating strong returns on a multi-billion dollar bet it made on distressed debt and highly rated bonds at the start of the COVID-19 crisis, two sources familiar with its move said.
FILE PHOTO: Night scene of the skyline of Doha with towers are seen at Al Dafna Area in Doha, Qatar, October 20, 2019. REUTERS/Naseem Zeitoon/File Photo
QIA, a sovereign wealth fund with assets of $300 billion, owns department store owner Harrods and stakes in Barclays and prime properties such as Canary Wharf in London, bet that investment grade bonds would rebound from lows hit in March, investing in both sovereigns and corporates, they said. ....

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Exclusive: Qatar fund put pandemic bets on distressed debt, high-grade bonds


Exclusive: Qatar fund put pandemic bets on distressed debt, high-grade bonds - sources
Reuters
1/19/2021
By Saeed Azhar and Tom Arnold
© Reuters/NASEEM ZEITOON
FILE PHOTO: Night scene of the skyline of Doha with towers are seen at Al Dafna Area in Doha
By Saeed Azhar and Tom Arnold
DUBAI (Reuters) - Qatar Investment Authority is generating strong returns on a multi-billion dollar bet it made on distressed debt and highly rated bonds at the start of the COVID-19 crisis, two sources familiar with its move said.
QIA, a sovereign wealth fund with assets of $300 billion, owns department store owner Harrods and stakes in Barclays and prime properties such as Canary Wharf in London, bet that investment grade bonds would rebound from lows hit in March, investing in both sovereigns and corporates, they said. ....

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