The International Institute for Global Sovereign Funds announced that the Kuwaiti Sovereign Fund maintained its fourth place globally in the latest update of the Institute.
The institute pointed out that the assets of the Kuwait Fund has risen to 750 billion dollars, compared to 708.4 billion dollars in the previous classification, since the assets of the fund increased by 41.6 billion dollars since the end of last June, according to the classification, reports a local Arabic daily.
The institute pointed out that the assets of the Abu Dhabi Investment Authority rose from 708.7 billion dollars to 790 billion dollars, and is ranked third, 40 billion dollars more than the Kuwaiti sovereign fund.
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