Kuwait pares financial stock holdings, selling $6.5B

semafor.com/article/07/09/2025/kuwait-pares-financial-stock-holdings-selling-65b

Kuwait Investment Authority has sold $6.5 billion worth of financial services firms’ stock in the past week.
The world’s oldest sovereign wealth fund sold $3.1 billion in Bank of America stock and $3.4 billion of its stake in Hong Kong-based insurer AIA Group, according to…

This story appeared on semafor.com, 2025-07-09 12:01:46.
The Entire Business World on a Single Page. Free to Use →