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FINANCIAL NEWS
UAE ADIA’s assets under management stand at USD773b
02 Jun 2015
(MENAFN) Abu Dhabi Investment Authority (ADIA) registered assets under management of about USD773 billion due to amplified capabilities and additional workforce, Arabian Business reported.
As one of the world’s biggest sovereign wealth funds, ADIA’s assets that were managed by external forces decreased to 65 percent from 75 percent in 2013, according to a corporate statement.
ADIA attributed the good results to “our efforts over recent years to strengthen the organization’s in-house investment and analytical expertise”.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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