The Kuwait Investment Authority, the oil-rich Gulf country's sovereign wealth fund, has appointed Badr al-Ajeel as interim managing director pending a permanent appointment for this position, a source familiar with the matter said on Wednesday.
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Beijing's regulatory firestorm is hitting large swathes of China's economy, but global investors including Blackstone and Warburg Pincus are ramping up bets on Chinese rental properties, judging the political wind is blowing in their favour.
Malaysia's sovereign wealth fund Khazanah Nasional Bhd will aim to raise its high-impact and commercially viable investments over the next five years through a 6 billion ringgit ($1.4 billion) internal fund to help build up the nation's economic competitiveness and resilience.