29.05.2013 - Abu Dhabi moves further from external fund managers…
One of the largest pools of institutional assets has moved a considerable part of its capital away from external asset managers over the last 12 months and increased its internal team. The Abu Dhabi Investment Authority (ADIA) has brought five percentage points of its considerable assets under the auspices of its in-house investment team, its 2012 annual report has revealed this week. ADIA said at the end of 2012, some 75% of its assets were managed internally, down from approximately 80% a year earlier...............................................Full Article: Source
Print