Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Performance

How Norway overtook Abu Dhabi as the world’s largest sovereign wealth fund

Posted on 13 November 2012

Norway’s sovereign wealth fund has overtaken Abu Dhabi’s as the world’s largest. The rise of the Norway Government Pension Fund—Global (so named, though it’s not actually a pension fund) has not been unexpected; Norway’s oil industry has been booming, and the fund has been able to take advantage of its high exposure to equities markets to catch this year’s rally.
But what is surprising is that Abu Dhabi clearly isn’t keeping pace. Although it does not disclose many of its investments and data, the Abu Dhabi Investment Authority (ADIA) weathered the financial crisis of 2008-2009 remarkably well, reporting 20-year and 30-year returns higher than many of its peers………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15434 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031