Tag : adia

Abu Dhabi Investment Authority, the world's second biggest sovereign wealth fund, has appointed a new head of Asia ex-Japan equities.

Investors are still buying high-yield and EM sovereign and corporate debt, at the expense of developed-market investment-grade bonds, notes the Swiss fund house.

While emerging markets remain volatile, remaining an active participant with broad exposure is key, the Abu Dhabi Investment Authority says in its annualised report.

Last month $2.56 billion in QFII quota was handed out, with almost half going to sovereign funds from Abu Dhabi and Kuwait. More RQFII quota was also awarded.

The sovereign wealth fund is following regional peers in seeking to invest directly into China, reflecting growing links between the two regions.

They are urged to court sovereign wealth funds in frontier markets as established players increase in-house expertise. All the same, SWF volumes have tripled in five years.

The Aussie developer, partly owned by China’s CIC, chalks a big profit for investors in its logistics fund on imminent completion of a Hong Kong development.

Four sovereign wealth funds held direct talks in Moscow over their participation in a government-backed Russia investment fund, AsianInvestor has learned.

And the trend towards greater transparency continues, with the release of the first annual report from Abu Dhabi Investment Authority.