You can change your cookie settings through your browser. Kuwait University was established in 1966. KIA traces its roots to the Kuwait Investment Board, which was established in 1953, eight years before Kuwait's independence in 1961. These include white papers, government data, original reporting, and interviews with industry experts. As much as 10% of the country's revenue and 10% of the GRF's net income are transferred to the Future Generations Fund. Kuwait Investment Authority. The Kuwait Investment Authority is the world's first sovereign wealth fund. The Qatar Investment Authority (QIA), is a government-owned entity charged with managing the sovereign wealth fund of Qatar. The Alaska Permanent Fund pays an annual dividend to eligible residents and is funded from surplus oil and gas reserve revenues. Managing parts of the Future Generations Fund, Promoting its reputation as a progressive institution that invests in the international market. Kuwait Investment Authority Pillar I t Objectives