The London arm of Kuwait Investment Authority, which manages the country’s sovereign wealth fund, has $250 billion of assets under management, KIA Chairman Saad Al-Barrak said.
The Kuwait Investment Office’s AUM grew from $27 billion in 2003 to $250 billion this year, Al-Barrak, who’s also minister of state for economic affairs and investments, said in London on Tuesday during an event marking the KIO’s 70th anniversary.
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