Follow the QE, Kuwait Investment Authority to Cut US Investments

Posted on 03/02/2015

The Kuwait Investment Office (KIO), a sovereign wealth enterprise of the Kuwait Investment Authority (KIA), plans to slowly pullback on U.S. equities after being overweight for seven years. Reuters news broke the story from reporting at a conference in Abu Dhabi. Osama al-Ayoub, head of the Kuwait Investment Office, said the unit wants to invest […]

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