Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #DailyMagazine #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment
Daily Magazine’s Post
More Relevant Posts
-
Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #WealthManagement
To view or add a comment, sign in
-
Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #WealthManagement
To view or add a comment, sign in
-
Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #WealthManagement
To view or add a comment, sign in
-
Abu Dhabi has ascended to the pinnacle of global wealth, earning recognition as the world's wealthiest city in terms of capital managed by its sovereign wealth funds (SWFs). According to a recent report by Global SWF, the UAE capital's SWFs collectively oversee a staggering $1.7 trillion in assets as of October 2024. This remarkable total is powered by key institutions such as the Abu Dhabi Investment Authority (ADIA), Mubadala (which includes the Abu Dhabi Investment Council and Mubadala Capital), ADQ (a part of Lunate), the Abu Dhabi Fund for Development, Tawazun (along with EDGE), and the Emirates Investment Authority. Hot on Abu Dhabi's heels is Oslo, whose Government Pension Fund manages over $1.6 trillion, making it a formidable player in the global financial arena. Other prominent cities like Beijing, Singapore, Riyadh, and Hong Kong also command significant portions of the world’s SWF capital, collectively managing a colossal $12.5 trillion in assets. Abu Dhabi’s ascent as a financial powerhouse reinforces its position as a hub of global investment and wealth management, contributing to the shaping of the world’s economic landscape. #AbuDhabi #SovereignWealthFunds #GlobalWealth #InvestmentPowerhouses #GlobalEconomy
To view or add a comment, sign in
-
Abu Dhabi has now been named the world’s wealthiest city in terms of capital managed by Sovereign Wealth Funds (SWFs). According to a new report by data platform Global SWF, Abu Dhabi manages the most SWF capital globally: US $1.7 trillion. This figure includes the assets under the management of the Abu Dhabi Investment Authority (ADIA), Mubadala, Abu Dhabi Investment Council, ADQ, Lunate, Abu Dhabi Fund for Development, Tawazun Council, and Emirates Investment Authority. This ranking puts Abu Dhabi above Oslo, home to the world’s largest SWF, the Government Pension Fund (GPF), which manages over US $1.6 trillion in assets. Other cities in the upper tiers of this ranking include Beijing, Singapore, Riyadh, and Hong Kong. The report estimates that Abu Dhabi’s public capital will increase to US $3.4 trillion by 2030. #AbuDhabi #SWF #Capital
To view or add a comment, sign in
-
For the past few decades, Abu Dhabi has grown an impressive portfolio of institutional investors, which are among the world’s largest and most active dealmakers. In addition to SWFs, the emirate is home to several other asset owners, including Central Banks (CBs), Public Pension Funds (PPFs), and family offices linked to royal family members, or Royal Private Offices (RPOs). All in all, Abu Dhabi’s public capital is estimated at US$ 2.3 trillion project it to reach US$ 3.4 trillion by 2030. https://lnkd.in/dzgRaSHZ.
Abu Dhabi has now been named the world’s wealthiest city in terms of capital managed by Sovereign Wealth Funds (SWFs). According to a new report by data platform Global SWF, Abu Dhabi manages the most SWF capital globally: US $1.7 trillion. This figure includes the assets under the management of the Abu Dhabi Investment Authority (ADIA), Mubadala, Abu Dhabi Investment Council, ADQ, Lunate, Abu Dhabi Fund for Development, Tawazun Council, and Emirates Investment Authority. This ranking puts Abu Dhabi above Oslo, home to the world’s largest SWF, the Government Pension Fund (GPF), which manages over US $1.6 trillion in assets. Other cities in the upper tiers of this ranking include Beijing, Singapore, Riyadh, and Hong Kong. The report estimates that Abu Dhabi’s public capital will increase to US $3.4 trillion by 2030. #AbuDhabi #SWF #Capital
To view or add a comment, sign in
-
According to a recent Global SWF report, Abu Dhabi is the world's wealthiest city in terms of capital managed by sovereign wealth funds (SWFs). As of October 2024, the multiple SWFs situated in the UAE capital managed an astonishing $1.7 trillion in assets. This number includes the Abu Dhabi Investment Authority (ADIA), Mubadala (together with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (a subsidiary of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Oslo follows closely behind, with its Government Pension Fund managing more than $1.6 trillion. Notable cities in the research include Beijing, Singapore, Riyadh, and Hong Kong, who jointly manage $12.5 trillion in worldwide SWF funds. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #highs #propagated #blatant #CM #247newsupdate
To view or add a comment, sign in
-
Abu Dhabi has now been named the world’s wealthiest city in terms of capital managed by Sovereign Wealth Funds (SWFs). According to a new report by data platform Global SWF, Abu Dhabi manages the most SWF capital globally: US $1.7 trillion. This figure includes the assets under the management of the Abu Dhabi Investment Authority (ADIA), Mubadala, Abu Dhabi Investment Council, ADQ, Lunate, Abu Dhabi Fund for Development, Tawazun Council, and Emirates Investment Authority. This ranking puts Abu Dhabi above Oslo, home to the world’s largest SWF, the Government Pension Fund (GPF), which manages over US $1.6 trillion in assets. Other cities in the upper tiers of this ranking include Beijing, Singapore, Riyadh, and Hong Kong. The report estimates that Abu Dhabi’s public capital will increase to US $3.4 trillion by 2030. #AbuDhabi #SWF #Capital
To view or add a comment, sign in
-
According to a report by Global SWF, Abu Dhabi has been named the world’s wealthiest city in terms of sovereign wealth fund (SWF) assets, managing $1.7 trillion. The city is home to major SWFs, including Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company (MIC), ADQ, and Emirates Investment Authority (EIA). This positions Abu Dhabi slightly ahead of Oslo, whose Government Pension Fund manages $1.6 trillion. Abu Dhabi leads six cities that collectively manage $12.5 trillion in SWF assets, solidifying its status as a global financial hub.
To view or add a comment, sign in
2,494 followers
Strategic Financial Leader | MBA in Banking & Finance | Driving Growth, Innovation, and Compliance | Expert in Taxation, Accounting, Audit, Treasury, and SECP | Transforming Numbers into Opportunities
2moBut this pic is related to DUBAI Atlantis..