It has obviously grown significantly over the past 7 months or nobody really knows how much they have in the fund but it all points to way more than millions... this mob wouldnt be allowing its name to used for a pump and dump play on the ASX but still the selling is giving it a shitty look.
Obviously some big players involved, much bigger than the gobbling on a trading chatroom so took the leap and got more
BusinessAbu Dhabi’s $697 Billion Wealth Fund Is Hiring
ByJuly 15, 2019, 2:59 PM GMT+10 Updated on July 15, 2019, 8:33 PM GMT+10
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In a world of diminishing returns, Abu Dhabi’s top sovereign wealth fund is hiring as it boosts active management of its estimated $697 billion portfolio.
Abu Dhabi Investment Authority plans to "add a number of new positions, mostly within investment and research-focused roles" in its fixed income and treasury department this year, according to its annual report. The fund’s 20-year annualized rate of return fell to 5.4% from 6.5% a year earlier.
Ann: Funding Update - US$300 Million for USA Project, page-52
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