Kuwait Investment Authority
The Kuwait Investment Office (KIO) is the branch office of KIA in the City of London and manages funds on behalf of the State of Kuwait. It was set up in 1953 with the aim of investing surplus oil revenues to reduce the reliance of Kuwait on its finite oil resource.
The State of Kuwait transfers 10% of oil revenue into the Reserve for Future Generations each year, which is the overall responsibility KIA in Kuwait, the parent organization of the KIO.
Url :
Phone : 22437661
Fax : 22408802
The KIO manages its funds as a global investor, with investments in all main geographical areas and asset classes managed by portfolio managers on an active basis. It is a long term investor and the inhouse investment management team covers equities, fixed income, treasury, private equity and property. The KIO aims to produce superior performance relative to its benchmark and within specific risk parameters.
A diverse range of people work at the KIO, including Kuwaiti and non-Kuwaiti nationals, with a total staff of approximately one hundred.
Objectives
The objectives of the KIO are:
To manage that portion of the Future Generation Fund of the State of Kuwait entrusted to the KIO, to maintain the real value of such funds and to achieve a fair return over the long term.
To regenerate the KIO and enhance its reputation as an expert and progressive institution investing in the international financial markets.