Tag : abu dhabi investment authority

Korean Teachers’ Credit Union has signed a second real estate partnership agreement with a Californian counterpart; Singapore’s sovereign wealth fund backs third fund in series focused on Australian logistics assets; the investment firm that manages part of Alibaba co-founder's fortune is retreating from US stocks as it increasingly focuses on private markets.

Abu Dhabi Investment Authority appoints heads of alternatives and Asia Pacific; AXA Hong Kong and Macau promotes head of investment and solutions; the Philippine Government Service Insurance System (GSIS) elects president; AIA Singapore appoints chief partnership distribution officer; Australian Unity appoints new chair; LegalSuper hires from ART; and more.

The Abu Dhabi Investment Authority (Adia), in particular, is likely to deepen its reach, having already boosted its A-share holdings in the first half of the year.

Abu Dhabi Investment Authority is building its in-house teams and is focusing more on core PE manager relationships, but it sees potentially lower returns in the asset class.

Abu Dhabi's sovereign wealth fund has made Hong Kong its only overseas branch with the hire of a three-strong research team, continuing the buildout of its in-house capabilities.

The Abu Dhabi Investment Authority has hired Sherwood Dodge as it steadily builds its in-house capabilities with a view to doing more private equity co-investment.

The Abu Dhabi sovereign wealth fund sees emerging markets, notably China, taking a bigger role in global growth and is positioning itself accordingly.

Franklin Templeton poaches from DeAWM, Adia names head of global research, Neuberger Berman adds in sales, NBAD names investment chief, Moody's fills new Islamic finance role.

The arm of the Singapore state fund has become the third institution to exceed $1 billion in qualified foreign institutional investor quota. There were also other chunky QFII handouts last month.

Bank Negara Malaysia becomes the eighth manager to hit $1 billion in QFII quota after receiving $600 million in Safe's July batch. Ontario Teachers is among the other winners.

Investors are still buying high-yield and EM sovereign and corporate debt, at the expense of developed-market investment-grade bonds, notes the Swiss fund house.

While emerging markets remain volatile, remaining an active participant with broad exposure is key, the Abu Dhabi Investment Authority says in its annualised report.