Adia and RBC hire strategists

Sovereign wealth fund and investment bank make senior analyst hires, underlining importance of top-down research in turbulent markets

A former World Bank analyst has joined a Middle Eastern sovereign wealth fund, demonstrating the increasing importance of macro-strategists in the turbulent economic landscape.

Abu Dhabi Investment Authority has announced that it has appointed Ted Chu as its chief economist. Chu has joined from Detroit-based US car giant General Motors, where he was chief economist and director of global economic and industry analysis.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire