There is still value in infrastructure, according to ADIA’s head of infrastructure, John McCarthy, provided you adopt a flexible approach. The huge sovereign wealth fund is reviewing its strategy, including whether it currently has appropriate benchmarks in infrastructure, a question that has been prompted by its outperformance. The natural competitive advantage that the Abu […]
Amanda WhiteMay 29, 2015
Many of the countries with the largest oil reserves also boast the largest sovereign wealth funds (SWFs). And yet African producers, like newcomer Ghana, Angola, and Nigeria which has been pumping oil since the 1950s, haven’t saved much of their oil revenue. Now, in an effort to replicate the long-term growth of funds like Norway’s […]
Sarah RundellDecember 5, 2012
Last May, when Norway’s Government Pension Fund Global bought 4 per cent of the Formula One motor racing group from private-equity firm CVC Capital Partners, its goal was clear. The sovereign wealth fund, which invests Norway’s oil revenues, wanted the inside track on Formula One’s IPO in Singapore, scheduled for June. Instead, the GPFG’s foray […]
Richard TomlinsonOctober 3, 2012
At a time of increasing risk and diminishing returns from traditional government bond investments, a growing number of large investors are beginning to cast their eyes toward emerging markets as a way to broaden their fixed-income portfolios. Paul O’Brien, head of fixed-income strategy at The Abu Dhabi Investment Authority (ADIA), considered by many to be […]
SAM RILEYJuly 11, 2012
The world’s largest SWF, the Abu Dhabi Investment Authority (ADIA), added a number of new portfolios to equities and fixed income and reorganised its internal passive equities team in 2010, according to its second ever annual report, in which it also predicted a positive outlook for equities.
Amanda WhiteSeptember 14, 2011
The South Korean Government has teamed with Abu Dhabi’s largest sovereign wealth fund, the $627 billion Abu Dhabi Investment Authority (ADIA), to jointly pursue future investment opportunities.
SIMON MUMMEApril 6, 2011