QATAR: Barwa Bank expects The First Investor GCC Equity Opportunities Fund (Qatar), its first equity fund to grow to QAR100 million (US$27.47 million) in the first quarter of 2013, after attracting close to QAR90 million (US$24.72 million)-worth of subscriptions following the fund’s launch in October this year.
The fund will be managed by The First Investor, the bank’s investment division.