21.05.2012 - China to fore as global sovereign assets top $5 trillion
Sovereign wealth fund assets have topped $5 trillion globally for the first time, with Chinese entities accounting for one fifth at $1.14 trillion, according to the Sovereign Wealth Fund Institute. In its latest rankings, the Abu Dhabi Investment Authority leads the pack of 61 sovereign funds with $627 billion in assets, followed by Norway's Government Pension Fund Global at $611 billion...............................................Full Article: Source
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