The world’s sovereign wealth funds, guardians of over $8tn of assets, should work together more on joint investment projects around the world. That is according to Majed Al Romaithi, one of the top executives at the Abu Dhabi Investment Authority and the incoming chairman of the International Forum of Sovereign Wealth Funds.

“With their long-term mandates sovereign wealth funds are natural investment partners. There are many examples where this has already happened, but I believe we are still only touching the surface when it comes to opportunities for joint investments”, Al Romaithi told the Forum’s annual meeting in Marrakesh, Morocco, in late September.