Abu Dhabi's fund hires GM economist | Bangkok Post: breakingnews

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Abu Dhabi's fund hires GM economist

Abu Dhabi Investment Authority (ADIA), the world's largest sovereign wealth fund, has hired General Motors' Ted Chu as its chief economist, the investing firm said on Monday.

Chu "will be responsible for producing in-depth international and regional economic analyses and making recommendations based on this research,'' the Abu Dhabi-based fund said.

Chu has served in General Motors in Detroit as chief economist and director of global economic and industry analysis.

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Writer: AFP News agency
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  • This Gusted

    Discussion 1 : 07/09/2010 at 12:07 AM1

    "In its first annual review in March, ADIA said it invests between 60 percent and 85 percent of its holdings in North America and Europe and between 25 percent and 45 percent in Asia and emerging markets."

    555! They need Mr Ted Chu to explain that this is impossible. 555!

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