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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Abu Dhabi’s $718 bln sovereign wealth fund opens doors to S. Korea

Posted on 30 March 2011

The Abu Dhabi Investment Authority (ADIA) - one of the world’s top five sovereign wealth funds based in Abu Dhabi, the United Arab Emirates (UAE) with total funds up to 800 trillion won ($718.0 billion) - will be using South Korean securities companies as its new trading window.

Additionally, talks are making headway for cooperation in semiconductor technology between the UAE, the world’s second largest system semiconductor manufacturer, and Korea, the world’s No. 1 producer of memory semiconductors……………………………………..Full Article: Source


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