SWFI First Read, May 9, 2017
Apple is Almost Worth More than Norway’s Sovereign Wealth Fund
On April 8, 2017, Apple stock roared, going higher than US$ 153.44 per share, giving the tech company a market capitalization of over US$ 800 billion. In March 2017, Norway’s wealth fund broke the US$ 900 billion barrier, approaching US$ 1 trillion in assets.
KIA Postpones Selling of Kuwait Investment
The Kuwait Investment Authority (KIA) has postponed the selling of its ownership in Kuwait Investment, according to a bourse statement.
Phil Waldeck Names Successor at Prudential Retirement CEO Role
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