ADIA Looks to Emerging Markets

ADIA's Managing Director Hamed bin Zayed al-Nehayan sees a prominent role for emerging economies.

The Abu Dhabi Investment Authority (ADIA) is bullish on emerging economies, according to Gulf Times. ADIA’s Managing Director Hamed bin Zayed al-Nehayan said that fast growing emerging markets had gained prominence during the turbulent economic times. He told Bloomberg that an “expanded global marketplace will provide a positive investment climate as it drives new discoveries in life sciences, alternative energy and other emerging technologies. Al-Nehayan expects to see equity markets return to their historical averages, once a recovery takes hold. Currently, 10-20% of ADIA’s portfolio is in emerging markets equities.