Tuesday 20 May 2014

BP Chief Economist Christof Ruhl to Join Abu Dhabi Sovereign Fund - Middle East Real Time - WSJ

BP Chief Economist Christof Ruhl to Join Abu Dhabi Sovereign Fund - Middle East Real Time - WSJ:



"BP’s chief economist is jumping ship to the Abu Dhabi Investment Authority to establish and run a global research team for the sovereign wealth fund.



Christof Ruhl, a German academic who specializes in energy economics and has been with BP since 2005, will start at ADIA in July, the fund said in an emailed statement Tuesday. He’ll start and lead an independent research team that provides the fund’s senior executives with proprietary research, the statement said.



ADIA is one of the longest-established and largest sovereign wealth funds in the world, with assets estimated at $773 billion by the U.S.-based Sovereign Wealth Fund Institute. It invests excess energy revenues for Abu Dhabi, the capital of the United Arab Emirates."



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