Finance

Qatar’s $580 Billion Wealth Fund Said to Weigh Radical Overhaul

The Qatar Financial Centre on the skyline in Doha, Qatar.Photographer: Christopher Pike/Bloomberg

The $580 billion Qatar Investment Authority has considered separating its overseas holdings from its domestic portfolio, according to people familiar with the matter, setting the stage for a landmark reshaping of one of the world’s largest wealth funds.

Executives at the QIA have discussed setting up a new entity to house domestic assets worth tens of billions of dollars and develop them into global champions, people familiar with the matter said, declining to be identified as the information is confidential.