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ADIA ranks fourth among world's largest sovereign wealth funds

ADIA ranks fourth among world's largest sovereign wealth funds
ADIA has ranked fourth among the world's top largest sovereign wealth funds

UAE - Mubasher: Abu Dhabi Investment Authority (ADIA) has ranked fourth among the world's top 100 largest sovereign wealth funds in terms of total assets, with $649.175 billion assets, according to SWF Institute.

Norway Government Pension Fund Global topped the largest sovereign wealth funds with $1.339 trillion, followed by China Investment Corporation with $1.222 billion assets and Kuwait Investment Authority with $692.9 billion.

Meanwhile, Saudi Arabia-based Public Investment Fund (PIF) was placed in the eight position with $450 billion.

Qatar Investment Authority ranked tenth among the largest sovereign wealth funds with $354 billion assets, followed by Investment Corporation of Dubai.

Mubadala Investment Company occupied the 13th position in the list of the world's top 100 largest sovereign wealth funds in terms of total assets.