Kuwait Pension Fund is eyeing for new investment opportunities as investment profit soars
July 29, 2020 (Middle East)
Bloomberg has reported that Kuwait’s Public Institution for Social Security had an investment profit of $7.3 billion in the three months through June, which corresponds to a 66% increase compared to 2019 results.
The article notes that the Kuwaiti Fund would seek new investment opportunities as they strategize reducing their cash available for investments to 4% by 2021.
Read the original article on Bloomberg: Kuwait Pension Fund Posts Record First-Quarter Investment Profit