Saturday 14 November 2009

Kuwait's KIA says to take advantage of mispricing

Sovereign fund Kuwait Investment Authority said on Saturday it will take advantage of mispricing in markets and said its returns would not be affected by long-term U.S. dollar volatility.

Sovereign wealth funds from Kuwait, Singapore and China, speaking at a meeting of Asia Pacific business and political leaders in Singapore, stressed their long-term outlook, as they sought to persuade countries to allow investments by such funds.END

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