Adia closes London office

Abu Dhabi wealth fund owner of stakes in the operator of Gatwick Airport and a water utility bucks the trend towards global expansion among its peers

One of the world’s most powerful sovereign wealth funds is bucking the trend towards global expansion among its peers by shutting its office in the UK.

The London office of the Abu Dhabi Investment Authority, its only international hub, is closing down after more than 20 years.

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