Kuwait Pension Fund is eyeing for new investment opportunities as investment profit soars

(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