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Sovereign Wealth Funds Briefing - Categorized | Performance

Adia’s wealth to surge by $30bln this year: IIF

Posted on 01 June 2010

From Business24-7.ae: Post-crisis recovery of international markets boosted the assets of the Abu Dhabi Investment Authority (Adia) by nearly $50 billion (Dh183bn) in 2009 and the wealth is projected to swell further by $30bn this year, according to a key Western financial organisation.
The rebound in the assets of Adia, ranked the world’s largest sovereign wealth fund, follows a loss of about $45bn during 2008 because of the global fiscal distress in September that year, the Institute of International Finance (IIF) said……………………………………….Full Article: Source


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