there are changes at the top in the trillion dollar world of Gul s and wealth funds and some of them could reverberate across Global Financial markets in all Sovereign wealth funds in the Middle East oversee close to $4 trillion in assets typically these wealth funds operate at the highest levels of secrecy events over the past couple of days though have jolted the quiet World up first is Cutter’s $510 billion wealth fund the qia now has a new CEO which is key especially at a time that the fund is expected to get billion ions of dollars in gas revenue from the state a day later Bloomberg exclusively revealed the Strategic shifts underway at abudhabi trillion dollar wealth fund are those moves center around a more datadriven approach to investing and then of course Kuwait announced a new managing director for its trillion dollar wealth fund so the new leaders of both funds will of course have to navigate a series of challenges Donald Trump’s presidency the West evolving relationship with China as well as the growing competition between Gulf hubs all of that being said the world still sees these entities as the bankers to the world and ultimately that will allow them to continue operating from a position of strength