Abu Dhabi-Mubasher: Abu Dhabi Investment Authority (AIDA) ranked first in the Arab region and second globally in the sovereign wealth funds list, with an estimated $773 billion of assets, according to a statement.
The Government Pension Fund of Norway ranked as the world’s biggest sovereign wealth fund with assets valued at $824.9 billion.
Saudi Arabian Monetary Agency (SAMA) came in the fourth place globally with assets reaching $3.2 billion.
The assets of sovereign wealth funds declined 0.1% in the fourth quarter of 2015 to $7.20 billion from $7.21 trillion in Q3-15.
