ADIA Review reveals views, not value
Leading Middle East SWF the Abu Dhabi Investment Authority (ADIA) has released its first ever Annual Review, of its operations for 2009, giving a clear view of its dispositions and its priorities as it takes a view on particular investment areas and asset classes.
However, ADIA’s bid for openness, “underlining ADIA’s commitment to and compliance with the Santiago Principles” of SWF openness, fell short of actually disclosing the value of its holdings, either...
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