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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

More than half of Kuwait’s sovereign wealth funds invested in US: Counselor

Posted on 26 October 2016

Senior Commercial Counselor at the US Department of Commerce Jeff Hamilton revealed that more than half of Kuwait’s sovereign wealth funds are invested in the United States. Recently, the Kuwait Investment Authority (KIA) disclosed that over $300 billion of its funds is invested in the US.
“Many of its investments are in real estate. This was during the time when US real estate was on the downside. But Kuwait and China took advantage and purchased several commercial properties in the US. Earlier in the year, a number of Kuwaitis purchased several hotels in the Midwest along with townhouses…………………………………..Full Article: Source


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