The Qatar Financial Centre (QFC) has favoured Singapore model of targeted policy intervention to carve a niche place in the global financial services industry, especially in view of the growing significance of asset management industry, in helping the QFC become an international hub for the sector. The QFC’s moves come amidst assets under its management (AuM) more than doubling on a yearly basis to QR61.2bn in the fourth quarter (Q4) of 2020. The robust growth in AuM indicates the growing potential contribution of the QFC to the local economy and the potential diversification. Highlighting that more AuM can bolster Qatar’s global reputation as a financial services hub, for which AuM can b
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