03.07.2014 - Adia increases focus on EMs, China, credit
Abu Dhabi's sovereign wealth fund sees global growth driven increasingly by emerging markets, with China assuming a much greater role in the cycle, and is positioning its portfolio accordingly. When an investor of such size - with an estimated $773 billion under management - makes such a call, it is likely to have big implications for world markets. One example of what Abu Dhabi Investment Authority (Adia) has in mind: it received approval to raise its allocation to China A-shares under the country's qualified foreign institutional investor programme to $1 billion from $500 million...............................................Full Article: Source
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