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Kuwait Triples Investment in Japan, Highlighting Sovereign Wealth Flight From U.S. Assets
The Kuwait Investment Authority (KIA), the oil-rich nation’s sovereign wealth fund, is planning to triple its investment in Japan to $48 billion, highlighting a global…
6Aug2008 | Money Morning | Comments Off | ContinuedSovereign Wealth Funds Reducing Exposure to U.S. Dollar
State-run sovereign wealth funds are diversifying away from the U.S. dollar, as well as dollar denominated assets, at an unheralded pace, as the greenback’s protracted declined…
18Jul2008 | Money Morning | 1 comment | Continued
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