24/09/2022
Arab Times
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KUWAIT CITY, Sept 24: Kuwait Investment Authority (KIA) intends to transfer the management of a fund worth $7 billion from its office in London to the headquarters in the country, report Al-Anba daily quoting news published by Bloomberg recently. According to sources, the fund has been mandated to focus on stocks; and that it constitutes a small portion of the assets of the Kuwaiti sovereign wealth fund. Sources disclosed the fund was scrutinized, because of its performance and the associated risks
