Kuwait Investment Authority
State of Kuwait | US$ 592 Billion | Origin: Oil |
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Profile Directories |
Established: 1953 Transparency Rating: 6 View SWFI Direct Transaction Data |
Entity Structure: Funds Population Est.: 3.37 million – 2013 Wealth Per Capita Est.: $162,611 |
Fund DetailsMain OfficeKuwait Investment Authority Kuwait Office Other Offices[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] Governance[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] Trade-Tax Agreements[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] TransparencyUnder the Law No. 47 of 1982 of the State of Kuwait regarding the establishment of the Kuwait Investment Authority, there are three clauses that are related to transparency and the disclosure of information. Clauses 5, 8, and 9 require that the Kuwait Investment Authority presents detailed reports pertaining to assets under management to the Council of Ministers and that disclosure to the public of any information related to KIA’s work is subject to penalties. |
SummaryThe Kuwait Investment Authority (KIA) is the parent organization of the Kuwait Investment Office (KIO), which was initially established as the Kuwait Investment Board. The Kuwait Investment Authority invests in domestic and international markets with its main office in Kuwait City and branch offices in Beijing and London. Background on the Kuwait Investment Authority[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] Historical Assets Under Management on Kuwait Investment Authority[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] Sovereign Wealth EnterprisesKuwait Investment Office The in-house investment arm manages around US$ 120 billion for the KIA. Other Subsidiaries[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] |