VOL. XXXI

NO. 4

2-NOVEMBER-1987

Financial and Banking News

INVESTMENT ACTIVITIES

KIO's Spanish Holdings Total $2.4bn

The Kuwait Investment Office (KIO) has holdings exceeding $2.4bn in Spain,according to statements made to the press by KIO representatives in Madrid lastweek. The KIO's role in the Spanish stock markets has been an extremely activeone during the past 14 months, and, in contrast to its low-key approach inLondon, the KIO has attracted heavy media exposure not all of it favorable - in...