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Qatar's sovereign wealth fund is undergoing its biggest overhaul since 2014, grouping $100 billion of investments in local companies into a new unit and abandoning the Qatar Holding name synonymous with high-profile deals, people with knowledge of the matter said.The Qatar Holding name, under which the emirate gained an international profile after investing in companies ranging from Glencore PLC to Barclays PLC will now be replaced by the QIA name on international investments, the people said. The country isn't planning to allocate any new money to the QIA this year or withdraw funds and has asked it to rely on asset sales or dividend income for new investments, one of the people said.
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