Since its inception in 1976, Adia has transformed from a small investment fund using a single floor of rented office space in Abu Dhabi to become a thriving and influential player in global markets.
“As we enter our fifth decade, it is important to look back at all that has been accomplished and feel a sense of respect and pride in the achievements of so many. Adia has come a long way since its modest beginnings, but we remain steadfast in our commitment to fulfilling Adia’s mission responsibly, and with a steady hand, despite the economic or market backdrop,” Shaikh Hamed Bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court and Managing Director of Adia, said in the annual report.
Adia was created in March 1976 by an Emiri decree from the late Shaikh Zayed Bin Sultan Al Nahyan, ruler of Abu Dhabi and founding President of the UAE.
Established as an independent investment institution, Adia was given a clear mission to prudently grow capital in order to secure the long-term prosperity of Abu Dhabi.
The sovereign wealth fund manages a global investment portfolio that is diversified across more than two dozen asset classes and sub-categories.
With a long term tradition of prudent investing, Adia’s decisions are based solely on its economic objectives of delivering sustained long-term financial returns.
Long term policy portfolio by region includes 35 per cent minimum investment in North America and 50 per cent maximum investment; in Europe, the investment is 20 per cent minimum and 35 per cent maximum; in emerging markets it is 15 per cent and 25 per cent and in developed Asia, it is 10 per cent minimum and 20 per cent maximum.
“The role that Adia performs in securing the future prosperity of Abu Dhabi is becoming ever more relevant as the emirate prepares for a future that is less dependent on its traditional sources of income. By remaining prudent and disciplined, and by drawing on the knowledge and experience built over 40 years, we will ensure that Abu Dhabi continues to prosper.”