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Sovereign Wealth Funds Briefing - Categorized | Investment

SWF ADIA to continue dollar-based investment

Posted on 02 June 2009

From Reuters: Abu Dhabi Investment Authority (ADIA), one of the world’s biggest sovereign wealth funds, is likely to continue making dollar-based investments because Abu Dhabi has a dollar-denominated economy, an official said.

“ADIA has been for a long time following a very stable strategy,” said Ahmed Al Mazroui, executive director of infrastructure development for the Abu Dhabi Investment Council (ADIC), the investment arm of the government of Abu Dhabi………Full Article: Source


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