ABC News – A top official for the world’s biggest sovereign wealth fund said Monday the bulk of its holdings are still in the U.S. and Europe, and that the Abu Dhabi fund sees “significant, long-term investment potential” in both regions despite the global downturn.
The Abu Dhabi Investment Authority’s managing director said “many substantial risks” remain as the global economy struggles to recover, however. Among the threats he cited are policies that could restrict cross-border investments by big overseas investors such as ADIA.
