Sun, Feb 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

ADIA invests 10% of its estimated $425bn in assets in hedge funds and managed funds

Thursday, March 18, 2010

From Komfie Manalo, Opalesque Asia:

The Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds in the world, has allocated as much as 10% of its estimated $425 in assets to hedge funds and managed funds, the firm said in its 2009 annual report.

The report provided little details about the fund, but it also marks the first time that ADIA revealed some transparency over its portfolio. ADIA has long kept secret the size of its assets and gives very little information in its annual report, even as banks and other fund managers continue to try to find ways to gain allocations to manage portions of its multi-billion dollar portfolios.

ADIA managing director Sheikh Ahmed bin Zayed Al Nahyan, said in the report: "Having increased the overall liquidity in our portfolio from early 2008, we began in 2009 to cautiously lift our exposure to higher growth markets, which proved effective as the recovery began to take hold." And added: ..."Considerable uncertainty remains about the outlook for 2010."

Alternative investments The report also gave a brief glimpse on ADIA's Alternative Investment Department, which is in charge of the fund's investments in externally-managed futures and hedge funds. ADIA's portfolio of hedge fund investments is broadly diversified across macro, relative-value, event-driven and market-neutral equity strategies.

"In managed futures, our portfolio is spread across multiple strategies such as system......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed