UAE sovereign wealth funds with combined assets of $1.4 trillion top GCC | Banking – Gulf News
Leading UAE sovereign wealth funds (SWFS) together have emerged top in the region with $1.4 trillion in aggregate assets under their management.
Top five SWFs from the UAE, such as Abu Dhabi Investment Authority, Investment Corporation of Dubai (ICD), Mubadala Investment Company, Abu Dhabi Developmental Holding Company and Emirates Investment Authority (EIA) are ranked among top 20 in the top 100 list of the Sovereign Wealth Fund Institute.
While Adia is ranked fourth in the global ranking with an estimated assets of $697.86 billion, Dubai’s Investment Corporation of Dubai comes second with $301.6 billion worth assets under its management.
In the global ranking, Norway Government Pension Fund Global with $1.4 trillion assets topped the list with China Investment Corporation, Kuwait Investment Authority, Abu Dhabi Investment Authority, Hong Kong Monetary Authority Investment Portfolio ranking among the top five.
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