BusinessWeek – The Abu Dhabi Investment Authority, one of the worlds’ largest sovereign wealth funds, has invested as much as 45 percent of its assets in developed markets, the fund said in its first annual review.
“We began in 2009 to cautiously lift our exposure to higher growth markets, which proved effective as the recovery began to take hold,” Sheikh Ahmed bin Zayed Al Nahyan, the fund’s managing director said in the 2009 report. “Considerable uncertainty remains” in 2010, he said.
