Qatar's sovereign wealth fund reportedly wants to raise its stake in Royal Dutch Shell (RDS.A)...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Qatar's sovereign wealth fund reportedly wants to raise its stake in Royal Dutch Shell (RDS.A) to 7% to strengthen its ties with the company and further invest its wealth in western assets. Such a move would raise Qatar's stake from below 3% and make it Shell's top shareholder, above Blackrock's (BLK) 5%. The fund also has been buying into Xstrata, blocking a merger with Glencore.