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Tuesday, 4 July 2017

Adia targets emerging markets as long-term gains slow - The National

Adia targets emerging markets as long-term gains slow - The National:

"The Abu Dhabi Investment Authority, one of the world's largest sovereign wealth funds, has pinned its hopes on emerging markets for the next ten years, after registering a second consecutive annual drop in its long-term gains.  

"Economic growth in the decade ahead will be dominated by the emerging world," Sheikh Hamed bin Zayed Al Nahyan, Adia's managing director, said in the fund's annual review, published on Tuesday.

"We expect that over two-thirds of the growth in global GDP over the coming ten years will come from those emerging economies; with roughly half coming from China and India alone." "



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