(Bloomberg) It’s time to pay attention to Kuwait’s stock market, according to Alaska-based quantitative fund McKinley Capital Management.
McKinley sees opportunities in developing strategies for its clients, such as Alaska’s $60 billion state investment pool, to access markets which represent a disproportionately small slice of equity indexes relative to their share of the global economy — and Kuwait is one of those. Those gauges will, the thinking goes, become deeper and more liquid as they enter global benchmarks or get upgraded to new ones.