21.07.2016 - Abu Dhabi wealth fund goes in house
Abu Dhabi’s main sovereign wealth fund has brought more of its portfolio buying activity in house as it seeks greater value amid slower growth across increasingly volatile global markets. Abu Dhabi Investment Authority has its portfolio managed by external firms overseen by the sovereign wealth fund’s staff to 60 per cent from 65 per cent in 2014. The amount of its assets tracking indexes has fallen from 55 per cent in 2014 to 50 per cent this year..............................................Full Article: Source
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