04.07.2013 - Kuwait said to eye $5bln UK infrastructure investment
Kuwait’s sovereign wealth fund will invest up to $5bn in British infrastructure assets over the next three to five years, it has been reported. According to London’s The Financial Times, Kuwait Investment Authority (KIA) will seek to invest in existing projects in the country that are already creating cash flow. “We are looking at brownfield projects because of the cash flow streams and to diversify our portfolio, as we don't think there is any money to make in fixed income, because of the zero interest rates,” KIA managing director Bader Al-Saad told the newspaper...............................................Full Article: Source
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