Sovereign wealth
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Top Abu Dhabi Wealth Fund Closes Latin America Equities Team
ADIA, the world’s third-largest sovereign wealth fund, made the decision to terminate the internally-managed Latin America mandate at the end of March, the people said. The move affects seven portfolio managers, two of whom will stay on at ADIA in different roles, the people said. Abu Dhabi’s rainy-day fund still…
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Click here to read the full story: Bloomberg