MENA fund managers to decrease investments in Kuwait - Reuters poll
3 Min Read DUBAI (Reuters) - Middle Eastern fund managers plan to decrease investments in Kuwait in the current quarter on economic and valuation concerns, according to a Reuters poll, while their expectations for the rest of the region remain mixed. The region, which has eased strict coronavirus-induced lockdown measures, is home to many oil producers, who have seen the price of their main resource tumble as they spend to help support their economies. Four of the five fund managers polled by Reuters said they would decrease their allocations in Kuwait, the Gulf state whose finances have been...
Source: reuters.com