The Kuwait Investment Board was established in London in 1953, eight years before the nation gained independence, to invest surplus oil revenue and help diversify the economy. The board was later replaced by the Kuwait Investment Office, and in 1982 the KIA was set up as its parent entity. The KIA controls Kuwait’s … See more The KIA is the second-biggest sovereign wealth fund in the Gulf region, with a significant proportion of its investments in the US. During the … See more Gulf countries have plowed billions of dollars into investments around the world to diversify their economies and sovereign wealth funds have played a key role. The region’s seven biggest funds have assets worth more than $3 … See more Under Al-Halabi’s leadership, the fund is likely to return to its conservative roots and ditch many of the performance-related practices brought in by Al-Ateeqi, according to two … See more The fund oustedthe head of its London arm, Saleh Al-Ateeqi, and asked him to leave without serving the standard three-month notice period. A former McKinsey & Co. partner, Al-Ateeqi was hired in 2024 to modernize the KIO. He … See more WebJan 11, 2024 · Kuwait Investment Authority, the sovereign wealth fund of one of OPEC's largest producers, aims to ultimately make its portfolio 100-percent compliant with …
Kuwait wealth fund ousts London CEO, names new head of investment …
WebJan 26, 2024 · Kuwait Investment Authority: The Kuwait Investment Authority (KIA) is a government-owned corporation responsible for managing the sovereign wealth fund of … WebThe Kuwait Investment Authority actively manages its portfolio according to a dynamic asset allocation strategy set and monitored by our board of directors. meredith power
Kuwait Investment Authority ESG Move: Sustainable finance
WebJul 2, 2024 · Kuwait recorded 66.7 billion dinars or $221bn in total oil revenue in the last five years [File: Bloomberg] By Fiona MacDonald Bloomberg Published On 2 Jul 2024 2 Jul 2024 WebApr 14, 2024 · The Bloomberg U.S. Aggregate Bond Index is an unmanaged, market-value weighted index comprised of taxable U.S. investment grade, fixed rate bond market securities, including government, government agency, corporate, asset-backed, and mortgage-backed securities between one and 10 years. meredith power outage