Word: portfolios
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...first 90 days. Companies in several allied countries are already fighting for pieces of the lucrative construction work that lies ahead. Estimates of the cost of rebuilding Kuwait range as high as $100 billion. The Kuwaiti government may have to sell off some of its huge foreign- investment portfolio, currently being managed in London, to finance that reconstruction...
...first -- and last -- freely elected head of government in April 1990, De Maiziere was once a professional violist. After a nerve ailment ended his orchestral career, he took to defending dissidents in court against the Communists who then ruled the East. Last week he resigned as Minister Without Portfolio from Chancellor Helmut Kohl's government after he was labeled with another vocation: informant...
Kuwait's foreign-asset portfolio approaches a monumental $100 billion, which is invested in a bewildering array of stocks, bonds and entire companies around the world. Almost 70% of the total has been segregated for use when the wells run dry. The Fund for Future Generations, as it is called, is a model of enlightened policy and smart politics. "Other rulers in other places have kept the money for themselves and their friends, doling out just enough to keep their populations contained during their reigns," says Jasem Mohammed al-Hussein, a wealthy Kuwaiti businessman. "Our rulers, the Sabahs, have earned...
...June 1989 to $223.3 million in June 1990. According to the latest annual report of the Harvard University Corporation Committee on Shareholder Responsibility (CCSR), the jump was caused by an increase in the value of the shares Harvard previously held and the "purchase of additional shares in five portfolio companies...
...more to do with cathode rays and satellites than with ink and paper. "Certainly in the medium future it appears there will be more growth in TV than in global print," he says. "We are focusing our expansion in electronics until we've got a better balance in our portfolio...