Dubai, United Arab Emirates (CNN) – According to data from the SWFI Institute, which monitors the evolution of the value of the assets of sovereign funds around the world. The Sovereign Fund of the Abu Dhabi Investment Authority ranked first among Arab sovereign funds, and the fourth in the world, followed by the Kuwait Investment Authority, and then the Saudi Public Investment Fund in the third place in the Arab world.
A sovereign wealth fund is a state-owned investment fund that consists of funds generated by the government, often derived from surplus state reserves, as sovereign funds provide a benefit to the country’s economy and its citizens.
The Norwegian Government Pension Fund ranked first in the world with a value of about $1.37 trillion, and the China Investment Corporation came in second place with a value of $1.35 trillion.
In the above infographic, a look at the world’s top 10 sovereign wealth funds by total assets.
2023-08-09 12:44:34
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