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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Stock market recovery helps offset SWF losses

Posted on 25 January 2010

From Business24-7.ae: The Abu Dhabi Investment Authority (Adia), one of the world’s largest sovereign wealth funds, has again ruled out plans to invest at home on the grounds such a task is undertaken by other government SWFs in the emirate.

But Adia stressed that it plays a key role in supporting the country’s fiscal system by making available sufficient funds for the government to replenish budget deficits and ensure the UAE will not be burdened by heavy borrowing………………..Full Article: Source

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