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Posts Tagged ‘ AIDA ’

Kuwait Sovereign Wealth Fund Considering Bigger Citigroup and Merrill Stakes

Jun 4th, 2008 | By Mike Caggeso | Category: International Investing

Struggling U.S. financials Citigroup Inc. (C) and Merrill Lynch & Co. Inc. (MER) may get another equity injection from state-owned Kuwait Investment Authority (KIA), the fund’s managing director told Reuters.



India and Japan May Be the Next to Join Global Cash Barons in Search of Higher Yielding Investments

Apr 22nd, 2008 | By Jason Simpkins | Category: International Investing

Dubai, Saudi Arabia and China are among the nations that have employed the use of sovereign wealth funds (SWFs) to turn their massive cash surpluses into major league investments.