KUWAIT INVESTMENT AUTHORITY
A government-owned corporation of the Kuwait Investment Authority (KIA), which is primarily established in the Kuwait Investment Board in 1953. It aims to generate funds for future use and lessen its dependence on oil reserves. The funds came from extra proceeds from the nation’s oil reserves. KIA manages Kuwait’s sovereign wealth fund and invests in local and international markets. Their office is situated in Kuala Lumpur while their branch offices are located in Beijing and London.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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