Adia reaffirms commitment to emerging markets | The National

Adia reaffirms commitment to emerging markets | The National:



"The Abu Dhabi Investment Authority has reaffirmed its commitment to emerging markets as it reported a decline in long term investment returns measured over 20 years.In its review of 2013, published this morning, Adia reported that its global investments generated returns of 7.2 per cent at the end of last year, compared with 7.6 per cent in 2012, measured in US dollars over a period of 20 years. Returns over 30 years averaged 8.3 per cent in 2013, compared with 8.2 per cent in 2012.



The sovereign wealth fund does not disclose the annual performance of its investments.



Adia noted that while equities in Europe, the US and Japan had performed well during 2013, bond markets and emerging markets had suffered because of uncertainty over the future of US bond purchases."



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