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Sovereign Wealth Funds Briefing - Categorized | Market, Performance, Research

Gulf SWFs gain $81bln in 2010

Posted on 29 November 2010

From Emirates247.com: Strong crude prices allied with a recovery in global markets to boost the combined assets of sovereign wealth funds (SWFs) in Gulf oil exporters by nearly $81 billion in 2010 and the wealth is expected to swell further in 2001, according to a key Western financial institution.

The Abu Dhabi Investment Authority (ADIA), one of the world’s largest SWFs, is projected to gain around $30 billion at the end of 2010 while other government funds in the region will record sharp rises in assets, the Washington-based Institute of International Finance (IIF) said in its quarterly report…………………………………….Full Article: Source


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