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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Kuwait gov’t could start bourse fund next week

Posted on 17 December 2008

From Arabianbusiness.com: A planned multi-billion dollar state fund to buy into the Kuwaiti bourse could start investing as soon as next week, the finance minister said on Tuesday.

Last month, Kuwait asked its sovereign wealth fund the Kuwait Investment Authority (KIA) to set up the fund after the second largest Arab bourse, shed more than 30 percent this year in the wake of the global financial crisis….. Full Article: Source


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