Sun, Feb 14, 2016
A A A
Welcome tstroemlev
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Abu Dhabi wealth fund denies direct Madoff exposure

Posted on 23 December 2008

From Bi-me.com: Abu Dhabi Investment Authority (ADIA), the world’s largest sovereign wealth fund, said it had no direct investments in a firm managed by Bernard Madoff, according to local media reports on Monday.

ADIA was denying a New York Times report which said the fund had “entrusted some US$400 million” in a firm of the US fund manager accused of running a US$50 billion fraud…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 17989 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
February 2016
M T W T F S S
« Jan    
1234567
891011121314
15161718192021
22232425262728
29