Kuwait wealth fund appoints interim managing director – source
The Kuwait Investment Authority, the Gulf country's sovereign wealth fund, has appointed Badr al-Ajeel as interim managing director pending a…
Sovereign wealth
887 articles found
Kuwait Names New Wealth Fund Board After Three-Month Delay
Kuwait appointed a new board to its $700 billion sovereign wealth fund after a delay of more than three months…
SWFI lists four Arab sovereign wealth funds among world's top ten funds in July
A total of four Arab sovereign wealth funds are listed among the world's top ten sovereign wealth funds in July…
McLaren raises £550m and adds Saudi Arabian wealth fund as investor
McLaren has raised £550m in a deal that makes Saudi Arabia’s Public Investment Fund a minority shareholder in the supercar…
Saudi sovereign wealth fund scopes banks for ESG framework – sources
Saudi Arabia's sovereign wealth fund has asked banks to help it develop an environmental, social and governance (ESG) framework, four…
Saudi sovereign wealth fund scopes banks for ESG framework – sources
Saudi Arabia's sovereign wealth fund has asked banks to help it develop an environmental, social and governance (ESG) framework, four…
Middle Eastern Asset Management industry remains resilient during COVID-19, reaching USD 1.2trn in 2020
The disruptive nature of the COVID-19 health crisis has been unrelenting, with repercussions implicating all societal areas. Yet despite the…
Qatar sovereign wealth fund stake in Credit Suisse to rise to 6 percent
Qatar Investment Authority’s stake in Credit Suisse will increase to 6 percent when two securities it subscribed to convert into…
Saudi Arabia names former banker as sovereign debt office's head
Saudi Arabia's National Debt Management Center, responsible for managing the kingdom's sovereign borrowing, named Hani AlMedaini its acting chief executive…
Biggest Gulf Wealth Funds Are Faulted for Lagging on Governance
The biggest wealth funds in the Middle East are the worst performers relative to peers when ranked by their commitment…
Sovereign Wealth Funds turning to private capital: Are they competing or playing alongside GPs?
With close to USD $8.3 trillion in assets under management and growing, sovereign wealth funds are beginning to play a…
Kuwait sovereign fund post 33% growth
Kuwait's Future Generations Fund achieved 33 percent growth in the year to March 31, the finance ministry said The…