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Abu Dhabi sovereign wealth fund loses Citigroup appeal

Abu Dhabi Investment Authority, the world’s second largest sovereign wealth fund, with an estimated $773bn in assets under management, has failed in its bid to overturn a US appeals court’s arbitration decision in favour of Citigroup. The case was related to ADIA’s $7.5bn investment into Citigroup in 2007, which at…

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Click here to read the full story: Arabian Business

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