Libya's vast oil reserves have enabled it to invest more than $70bn (£43bn) around the world – making it a major shareholder in companies such as the Financial Times, Fiat and Juventus football club. The Libyan Investment Authority (LIA), the crisis-stricken country's main financial vehicle, spent £224m on a 3% stake in Pearson, the education group behind the Financial Times, last June.The LIA recently set up a hedge fund in London and has bought a host of properties in the UK, paying £155m for Portman House, a 146,550 square foot retail complex on Oxford Street, and £120m for an office...