Mubasher: The Abu Dhabi Investment Authority (ADIA) is the “largest” sovereign wealth fund in the GCC region, according to a statement by Sovereign Wealth Fund Institute (SWFI).
In 2015, ADIA made a number of strategy shifts, especially to cope with liquidity needs, lower operating costs and drive higher returns.
ADIA has a massive operation, consisting of over 1,700 employees.
“The fund decreased its weighting toward index-replicating strategies which now stand at 50% of total portfolio assets,” SWFI noted.