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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

Kuwait sovereign fund eyes Gulf, North Africa buys

Posted on 17 October 2008

From Reuters: The Kuwait Investment Authority (KIA) is mulling more investments in the Gulf region and North Africa as the sovereign wealth fund aims to snap up bargains amid the global financial crisis, an official said.

Executive Director of KIA’s General Reserves Fund, Bader al-Ajeel also told reporters that the fund, which manages the country’s massive oil-generated assets, was continuing to invest in Kuwaiti shares to shore up the bourse after a slide….. Full Article: Source


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