All Posts Tagged With: "sovereign wealth"
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 investment shift away from U.S. assets.
The Kuwait sovereign wealth fund already has $15 billion to…
6Aug2008 | Money Morning | 0 comments | 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 undermines the credibility of U.S. policymakers.
The Financial Times reported yesterday (Thursday) that one large, unnamed Gulf…
18Jul2008 | Money Morning | 1 comment | Continued
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