| From Ameinfo.com: The last years of the Noughties put Arab sovereign wealth funds in the limelight of global capital movements. But will the government-controlled funds continue to invest abroad as much as they have in the past? With the economic crisis having disclosed structural problems at home, a paradigm shift seems to be inevitable.
According to the Sovereign Wealth Fund (SWF) Institute there are 55 SWFs globally. Fourteen of them are based in the GCC, and half of them are investment funds linked to the UAE. With an estimated $900bn, the Abu Dhabi Investment Authority (ADIA) is estimated to be biggest SWF in the world...........................................Full Article: Source |