January 5th, 2008
The Kuwait Future Generations Fund
Today, KIA manages the Kuwait General Reserve Fund, the Kuwait Future Generations Fund, as well as any other moneys committed by the Ministry of Finance.
To put KIA’s size into perspective, the Kuwait Future Generations Fund has 10% of annual oil revenues added to it. As of fiscal year 2004/2005, the annual contribution to the Kuwait Future Generations Fund was valued at 896.24 million.
This week we are talking about the type of investments this fund makes and their strategy in making such investments, so listen up and let us know what you think.
References:
1- HVS international - Kuwait Hospitality market snapshot 2007
