The head of the Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, warned that investors in Europe need to understand the “inherent limitations” of the political response to the eurozone crisis.
Adia allocates 25-35 per cent of its estimated $342bn in assets under management to Europe, making it an important source of potential funds for governments and companies in the eurozone. With such exposure, Europe’s debt crisis remained a recurrent theme of the fund’s annual review released on Monday.
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