UAE wealth fund ADIA reports strong returns in 2021 buoyed by stock rally

UAE wealth fund ADIA reports strong returns in 2021 buoyed by stock rally

UAE

The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, said it delivered strong returns in 2021, buoyed by a bumper year for stocks.

ADIA, estimated to manage some $708 billion in assets, also said in an annual report that it restructured several aspects of the organisation, combining units and centralising processes.

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