Regulation, Risk & Compliance
Sovereign wealth
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Kuwaiti Wealth Fund May Pull Billions From External Managers
Kuwait Investment Authority is planning to manage more of its own assets as the world’s fifth-largest sovereign wealth fund seeks to take more risk to boost returns. The KIA, as the fund is known, wants to increase the allocation of funds managed in-house to as much as 8 percent from…
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Click here to read the full story: Bloomberg