| From Istitutionalinvestor.com: The Abu Dhabi Investment Authority tops the list of world’s largest sovereign wealth fund, with an estimated $627 billion in assets, according to Institutional Investor’s first ranking of the World’s Biggest Sovereign Wealth Funds. The Abu Dhabi Investment Authority, established in 1976 to invest the Gulf emirate’s massive oil earnings, is the world’s largest sovereign wealth fund, with an estimated $627 billion in assets at the end of March, according to Institutional Investor’s first ranking of the World’s Biggest Sovereign Wealth Funds.
Norway’s Government Pension Fund Global is the second-largest fund, with $461.5 billion in assets. The Saudi Arabian Monetary Agency, China Investment Corp. and Hong Kong Monetary Authority round out the top five...........................................Full Article: Source
|