25.07.2016 - Abu Dhabi Investment Authority's real rate of return stays steady
Despite volatile conditions that saw equity markets end 2015 little changed from where they began, the Abu Dhabi Investment Authority, or Adia, recorded a creditable performance from an overall portfolio perspective, the world's leading sovereign wealth fund said. In its 2015 annual review, Adia said its 20-year annualised rates of return fell to 6.5 per cent in 2015 from 7.4 per cent the year before. The fund's 30-year rate of return slipped to 7.5 per cent from 8.4 per cent. "This was primarily as a result of strong returns from the mid-1980s and 1990s falling out of the rolling averages over the periods in question."..............................................Full Article: Source
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