« SEC Charges Three with Scam Targeting Military Families | Main | FINRA Settles Mutual Fund Sales Violations Against Five Securities Firms »
February 28, 2008
A Profile of Abu Dhabi's SWF
Abu Dhabi has about 9% of the world's oil and 0.02% of its population. This means it has a lot of money to invest. The Abu Dhabi Investment Authority (ADIA), the world's largest SWF, has about $650-700 billion in assets, about 15 times larger than the Magellan Fund. About 65% of its assets ($450 billion) are invested in equities. The New York Times profiles the publicity-shy ADIA, who controls it and its investment strategy. NYTimes, Cash-Rich, Publicity-Shy, Abu Dhabi Fund Draws Scrutiny.
February 28, 2008 in News Stories | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e5509d97e88834
Listed below are links to weblogs that reference A Profile of Abu Dhabi's SWF:
