01.07.2013 - Kuwait plans $5bln investment for the UK
The Kuwait Investment Authority is seeking to invest as much as $5bn directly over the next three to five years in infrastructure assets mostly in the UK, echoing a similar move by Qatar, as sovereign wealth funds look for ways to boost returns amid low interest rates. The pledge, which highlights the fundís positive view on UK investment conditions, comes just weeks after a failed £5.3bn takeover offer for British water utility Severn Trent by the KIA and partners Borealis of Canada and Britainís Universities Superannuation Scheme.......................................Full Article: Source
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