| From Emirates247.com: Sovereign Wealth Funds' (SWF) global assets crossed the $4 trillion-mark for the first time in history in the third quarter this year. According to SWF Institute's just released rankings for Q3 2010, boosted by the Norwegian Global Pension Fund-Global's asset growth to over 3 trillion kroner ($512bn), global assets held by SWFs have now reached $4.033bn.
"The fund has grown faster and bigger than most people expected since getting its first inflow of capital in May 1996,"says Yngve Slyngstad, CEO of Norges Bank Investment Management (NBIM), which manages the fund..............................................Full Article: Source
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