Leading wealth fund reveals its strategy on investment

* username: rupertbu

In a break from its traditional secrecy, one of the world's largest pools of capital, the Abu Dhabi Investment Authority , today publishes its first annual review listing its long-term results and investment strategy.

Many sovereign wealth funds (SWFs) have been criticised for a lack of transparency, and some western officials and politicians have in the past expressed concern over potentially politically-motivated investments in sensitive institutions and companies.

While several funds came to the rescue of western institutions during the financial crisis, pumping billions of dollars into stricken banks, the International Monetary Fund and two dozen leading SWFs in 2008 formulated a set of guidelines for statecontrolled investment funds, known as the Santiago Principles , to ease concerns over their motives.