Abu Dhabi – Mubasher: The Abu Dhabi Investment Authority (ADIA) was ranked the second largest sovereign wealth fund globally with total assets reaching $828 billion, according to data published by the Sovereign Wealth Fund Institute (SWFI) in June.
The Investment Corporation of Dubai (ICD) ranked 11th with total assets of $200.5 billion, while UAE-based Mubadala Investment Company ranked 14th with total assets worth $125 billion.
The Abu Dhabi Investment Council (ADIC) ranked 15th with assets amounting to $110 billion, the Emirates Investment Authority (EIA) ranked 27th with $34 billion, and Ras Al Khaimah Investment Authority (RAKIA) ranked 60th with $1.2 billion.
The Government Pension Fund of Norway was the top wealth fund after its assets were valued at $922 billion.
