Qatar’s financial wealth to reach $306bn by 2025: BCG ...Qatar

Qatar’s financial wealth grew by a compound annual growth rate (CAGR) of 3.6% to $263bn during 2015-20 and is expected to grow 3.1% CAGR to $306bn by 2025, indicating the Gulf country's resilience amidst the protracted Covid-19 pandemic, according to Boston Consulting Group (BCG). Of the $263bn, which represented 12% of the Gulf Co-operation Council’s (GCC) financial wealth in 2020, the BCG report ‘Global Wealth 2021: When Clients Take the Lead’, found that 76% of it is in investable nature. Financial assets consist of cash and deposits; bonds, equities, and investment fund shares; life insurance and pensions; and other small asset classes. The onshore asset allocation shows that equities

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