15.03.2012 - SWF assets reach $5 trillion; UAE has richest wealth fund?
With assets worth $627 billion, the UAE’s Abu Dhabi Investment Authority (Adia) leads the world’s richest Sovereign Wealth Funds (SWFs), which together hold a staggering $5 trillion in assets – more than double the amount held by the global hedge fund industry. If the SWFs were a country and their assets were GDP, they would already be the world’s fourth largest economy – after the US (GDP of $15 trillion), China ($7 trillion), and Japan ($5.8 trillion)...............................................Full Article: Source
Print