The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has restructured its external equities department, separating indexed funds from active funds as part of a more focused strategy.
Sheikh Mohammed bin Khalifa Al Nahyan, son of the President of the United Arab Emirates and ruler of Abu Dhabi, Sheikh Khalifa, has been appointed to head the newly-created indexed funds department.
The other, external equities department will be headed by Obeid al-Suwaidi, who was previously director of external funds for the Far East.
No comments:
Post a Comment