Regulation, Risk & Compliance
Sovereign wealth
Uncategorized
Kuwait Hasn’t Renewed Wealth Fund’s Board Since Term Expired
Kuwait hasn’t approved a new term for the board of its $600 billion sovereign wealth fund since its tenure expired two months ago, according to two people familiar with the matter. The finance minister, as chairman of the Kuwait Investment Authority, can make interim decisions on any important issues that…
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Click here to read the full story: Bloomberg