Portfolio Risk Mounts on Kuwait Investment Authority as Oil Falls

Posted on 04/03/2020


The Kuwait Investment Authority (KIA) oversees two state funds, the Future Generations Fund (FGF) and the General Reserve Fund (GRF). The KIA is the oldest Middle Eastern sovereign investor. The Kuwait government and its economy is linked to the price of oil. Hydrocarbon revenues account for 90% of Kuwait’s total government revenues. The sharp fall […]