| Norway's state pension fund has topped the UAE's Abu Dhabi Investment Authority (ADIA) to become the largest sovereign wealth fund in the world, a US consultancy said.The fund, which contains nearly all state revenues from the oil sector in Norway, was worth $560.5 billion against the $342bn for the Abu Dhabi fund, consulting firm Monitor Group said in a report.
Comparisons between funds remain complicated as the ADIA does not give regular performance reports while the Norwegian fund publishes its results quarterly..............................................Full Article: Source |