Abu Dhabi – Mubasher: The Abu Dhabi Investment Authority (ADIA) has retreated to the third rank, instead of the second, among the world’s sovereign wealth funds by $828 billion, according to data by the Sovereign Wealth Fund Institute.
The Investment Corporation of Dubai ranked 12th with about $209.6 billion assets, according to the data.
Meanwhile, Mubadala Development Company came in the 14th rank at a total value of $125 billion, the data added.
The Abu Dhabi Investment Council ranked 16th with assets worth $110 billion, while the Emirates Investment Authority (EIA) ranked 25th with assets worth $34 billion.
