Finance: Sovereign Wealth Funds
Issue 1000
- 18 Sep 2015
| 1 minute read
The Gulf Co-operation Council (GCC) states have more than a dozen sovereign wealth funds (SWFs) between them, managing assets worth an estimated $2.77trn. As of 12 August 2015, this represented a staggering 38% of the total $7.28trn assets managed by SWFs around the world, according to the calculations of the Las Vegas-based Sovereign Wealth Fund Institute (SWFI).
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