Quick facts - Kuwait Investment Authority:
- Kuwait’s soverign wealth fund is known as the Kuwait Investment Authority (KIA)
- Manages the surplus wealth of the world’s seventh-biggest oil exporter
- Assets under managment: $213 billion (as of Mar 31st 200
- Invests between 76% and 86% of assets in United States & Europe
- Asian & Japanese investment make up 13% to 17% of total holdings
- Emerging markets comprise 4% to 6%
- Invests between 55% and 65% in total assets in Global equities
- Invests about 15% to 22% in Bonds
- Invests roughly 8% to 12% in Real Estate
- About 4% to 6% is invested in alternative investments
- 3% to 7% is held in cash
- Bought large portions Citigroup ($3 billion) and Merrill Lynch ($2 billion), 2008
… [KIA is] Interested in investing in financial services and real estate firms in the United States and Europe to benefit from lower asset prices… - Managing Director Bader al-Saad
May i ask from where did you get this information? i believe its confidential and must not be published!
[b] KIA [/b]
“May i ask from where did you get this information? i believe its confidential and must not be published!”
http://www.kuwaittimes.net/read_news.php?newsid=NzM1MDA0NjE1
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