KUWAIT, July 24 - Kuwaiti fund manager KAMCO and United Gulf Bank said on Friday they made no gain from trading in the shares of Harman International Industries Inc and Textron Inc probed by U.S. regulators.
”The transactions mentioned in (the) SEC litigation release were undertaken by KAMCO under specific instructions of its client in normal course of business,” KIPCO Asset Management Co (KAMCO) said in a statement.
