SWF assets surge by Dh3.3 trillion in 18 months

Despite a drop in oil prices over the last year, sovereign wealth fund (SWF) assets have grown nearly 17 per cent.

Alternative assets industry data collector Preqin said SWF assets under management expanded by more than $900 billion (Dh3.3 trillion) over the past 18 months, from October 2013 to March 2015, reaching $6.31 trillion (Dh23.15 trillion) by the end of last month.

http://www.emirates247.com/business/economy-finance/swf-assets-surge-by-dh3-3-trillion-in-18-months-2015-04-13-1.587236