Kuwait Investment K S C P : Material Information Disclosure regarding the Analysts conference for the first quarter of 2024
May 15, 2024 at 07:28 am EDT
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Analysts Conference
Period Ended 31 March 2024
May 15, 2024
Presented by,
Mr. Hany A. Elnowaihy
Mr. Faisal Y. AlMeshari
Mr. Imad A. Tifouni
Chief Financial Officer
Deputy CEO - Direct Investment & CF
Deputy CEO - Asset Management
Mr. Abdullah A. Elqassim
AVP Investor Relations Unit
2
Contents
Company Overview
4-13
Financial Highlights
14-16
Q & A
17
3
1
Company Overview
4
Who We Are
Kuwait Investment Company, "KIC", is the first investment company to be incorporated in Kuwait in 1961 and is considered one of the leading investment companies locally and within the region. KIC provides comprehensive financial services in several segments which include; Asset Management (through investment funds and portfolio management), and Investment Banking services.
KIC engages in a wide range of investment and financial activities, based on asset management through a variety of local, regional, and international funds and portfolios, in addition to providing a diverse and integral set of investment and financial products and services, local and global, to its local and international clients.
KIC has been listed on the Kuwait Stock Exchange since 1984. In addition, 62% of KIC is owned by Kuwait Investment Authority, "KIA", which is the Kuwaiti Sovereign Wealth Fund.
Over the past five decades, the company has continually broken new grounds in introducing a unique blend of financial and investment products, advising and supporting its clients on strategic transactions. Also, providing new opportunities for individual and institutional investors.
As of March 31st, 2024, KIC has total assets of KWD 241 Million and has a total AUM (Assets under Management) amount to approximately KWD 1.8 Billion.
5
KIC Ownership and Key Facts
Major
Assets
Assets Under
Clients
Shareholders
Management
KIA 62%
USD 785
USD 5.8
Over 2,000
Million
Billion
6
KIC Subsidiaries & Associates
Kuwait International
KIC Financial
Al Arabiya Financial
AlMasar Leasing &
National Hotels
Fair
Brokerage Co.
Services
Investment
Company
51%
45.97%
100%
45.7%
20.94%
Kuwait
Kuwait
Kuwait
Kuwait
Bahrain
Exhibitions
Financial Services
Financial Services
Financial Services
Hospitality
7
KIC Asset Management
ASSET MANAGEMENT SECTOR - OUR INVESTMENT PROCESS
Successful investing is a marathon, not a sprint. That is why we have a rational, long-term perspective.
We are disciplined in the implementation of our investment style. We control risk through diversification and rigorous security selection.
We invest in shares of high-quality, growing companies with strong operations and quality earnings.
At KIC the investment process starts with our clients. We are committed to offering customized portfolio solutions to suit each client's investment objectives and risk tolerance. This begins with a client questionnaire and meeting to better understand the client's unique expectations.
Then our experienced team of portfolio managers and analysts starts the asset allocation and security selection process with a top-down consideration
of asset classes, regions and industries, combined with bottom-up security selection.
Portfolio
Optimization
Asset Allocation
&
Objectives
Stock Selection
&
Client Risk
Profile
Performanc
e
&
Risk
Monitoring
8
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Kuwait Investment Company KPSC published this content on
15 May 2024 and is solely responsible for the information contained therein. Distributed by
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15 May 2024 11:28:02 UTC.
Kuwait Investment Company KPSC is a Kuwait-based company, which is engaged in the provision of investment services. The Company is organized, along with its subsidiaries, into the following business segments: Investment Trading, which consists of securities trading and investment activities; Treasury, which consists of foreign exchange contracts and money market activities; Asset Management, which consists of investment portfolio activities, and Other Operations, which includes lending, real estate, property rental, brokerage and other management activities. The Company is also active in underwriting bonds and certificates of deposit issues, time deposits acceptance and placement with financial institutions, holding international and regional exhibitions, portfolio management for clients, and maritime transport.