Abu Dhabi SWF charts global expansion

The Abu Dhabi Investment Council, a sovereign-wealth fund in the United Arab Emirates worth between $200 billion and $300 billion, plans to expand its investments outside the Middle East and North Africa for the first time. It plans to include Japan, the U.S. and Europe in its investment mandate. According to a media report, the fund is likely to focus on investments in equity, real estate, bonds and seed money for Japanese startups.