Topic: Abu Dhabi Investment Authority

Adia returns grow while global equities rebound

The fund benefitted from the strong performance of global equities last year which outperformed all other major asset classes. Above, Adia's headquarters. Alia Jeiroudi for The National

May 28, 2013

The Abu Dhabi Investment Authority has recorded a rise in long-term returns as it hired more staff and reduced its reliance on external fund managers. Read Article Adia returns grow while global equities rebound

Global Marketplace Abu Dhabi an attraction for asset managers

May 09, 2013

International financial firms mulling a move to Global Marketplace Abu Dhabi need little reminding of the large concentration of institutional wealth based in the emirate. Read Article Global Marketplace Abu Dhabi an attraction for asset managers

US court rejects Adia bid to overturn ruling to recover $4bn in damages from Citigroup

Mar 06, 2013

A Manhattan federal judge on Monday rejected a bid by the Abu Dhabi Investment Authority to overturn an arbitration panel's ruling favouring Citigroup in a dispute over a US$7.5 billion investment by the fund in the bank. Read Article US court rejects Adia bid to overturn ruling to recover $4bn in damages from Citigroup

Dubai could learn from London to build Islamic finance hub

Roger Gifford, the Lord Mayor of The City Of London, says London is becoming increasingly important in the Islamic finance world. Pawan Singh / The National

Feb 21, 2013

The Lord Mayor of The City Of London might sound like a character out of a fairytale or pantomime but the position actually exists and has a very serious job to do. Read Article Dubai could learn from London to build Islamic finance hub

Abu Dhabi fund poised to buy 42 Marriott hotels for $1bn

The Marriott Hotel on park lane in Westminster, London (Newscast Limited via AP Images)

Feb 19, 2013

Abu Dhabi Investment Authority's purchase of 42 Marriott-branded hotels from Britain's Royal Bank of Scotland is set to close 'very soon'. Read Article Abu Dhabi fund poised to buy 42 Marriott hotels for $1bn

Adia appoints new global head of internal equities

Jan 16, 2013

The Abu Dhabi Investment Authority has appointed Gregory Eckersley as global head of internal equities. Read Article Adia appoints new global head of internal equities

Adia shops around with Australian investments

Oct 26, 2012

Abu Dhabi Investment Authority and the Canada Pension Plan Investment Board have jointly invested A$872 million in three Australian shopping centres through AMP Capital, a wealth manager. Read Article Adia shops around with Australian investments

Global volatility lowers Abu Dhabi Investment Authority’s returns

Adia has grown to become one of the world's largest sovereign wealth funds since its creation in 1976. Rich-Joseph Facun / The National

Jun 26, 2012

The Abu Dhabi Investment Authority recorded a fall in long-term returns last year amid volatility in global financial markets. Read Article Global volatility lowers Abu Dhabi Investment Authority’s returns

UAE firms hold key to takeover of EFG-Hermes

Jun 04, 2012

Two UAE Government investment funds have emerged as key backers of a bid by Qatar's QInvest to create a joint venture with EFG Hermes. Read Article UAE firms hold key to takeover of EFG-Hermes

Panel rules for Citigroup in dispute

Adia had agreed at the onset of the financial crisis in 2007 to invest $7.5bn in

Nov 06, 2011

Abu Dhabi Investment Authority loses an arbitration dispute with Citigroup over a 2007 investment in the US banking giant Read Article Panel rules for Citigroup in dispute

Adia warns on global debt but optimistic about future

Adia said it returned 7.6 per cent on an annualised basis over a 20-year period as of December 31 last year. Rich-Joseph Facun / The National

Sep 14, 2011

Large increases in worldwide government debt coupled with inflationary pressures could be a threat to growth, although there is optimism about the future, according to Adia. Read Article Adia warns on global debt but optimistic about future

Adia reshuffles equities units

The Adia building at night. Adia is working on streamlining its operations. The National

Aug 23, 2011

The Abu Dhabi Investment Authority has restructured its external equities departments in a move aimed at streamlining its operations. Read Article Adia reshuffles equities units

Sovereign funds change tack

The Qatar Investment Authority last year purchased the London department store Harrods for $2.2 billion. Stephen Lock / The National

Jun 08, 2011

Sovereign wealth funds are making smaller but more numerous investments and shifting focus increasingly to emerging markets, according to a new report from the Monitor Group in London. Read Article Sovereign funds change tack