| The Kuwait Investment Authority has more than doubled its investment in Britain over the past 10 years to more than $24 billion, Bader Mohammed al-Saad, managing director of the KIA said on Friday.
Kuwait's sovereign wealth fund, which manages state assets in the world's fourth-biggest oil exporter, is the oldest sovereign fund tracked by the SWF Institute with an estimated $342 billion in assets, one of the world's largest. "The KIO now manages more than $120 bln globally compared with only $27 bln 10 years ago," Saad said.......................................Full Article: Source
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