DEFINITION of 'Abu Dhabi Investment Council - ADIC'

A sovereign wealth fund owned by Abu Dhabi, the capital of the United Arab Emirates (UAE). It is wholly owned and administered by the UAE. The Abu Dhabi Investment Council is funded by revenue from the country's oil industry, and invests those revenues in a wide range of asset classes, including equities, debt, real estate, infrastructure and private equity.


Its sister fund is the Abu Dhabi Investment Authority (ADIA), which is one of the world's largest sovereign wealth funds.

BREAKING DOWN 'Abu Dhabi Investment Council - ADIC'

The Abu Dhabi Investment Council was established in 2007. While the fund does invest in assets across the globe, the primary focus of the ADIC is to invest in Abu Dhabi's economy. Domestic assets include banks, investment houses and insurance companies.




RELATED TERMS
  1. Mubadala Development Company

    A sovereign wealth fund established in 2002 as a public joint ...
  2. Abu Dhabi Investment Authority ...

    A government-owned investment organization that manages the sovereign ...
  3. International Petroleum Investment ...

    The International Petroleum Investment Company (IPIC) is a government-owned ...
  4. Emirates Investment Authority - ...

    A state-owned investment fund established in 2007 by the United ...
  5. SAMA Foreign Holdings (Saudi Arabia)

    A Saudi Arabian sovereign wealth fund. The fund is controlled ...
  6. Arab Monetary Fund

    A sub-organization of the Arab League that facilitates monetary ...
Related Articles
  1. Investing

    An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.
  2. Financial Advisor

    The Biggest Oil Producers in the Middle East

    Discover which countries produce the most oil in the Middle East, a region long known for its influence on international petroleum markets.
  3. Investing

    The UAE: An Emerging Economy for Investors

    The learning from UAE on how it succeeded with timely diversification when the BRICS nations and the neighboring oil-rich economies faced challenges.
  4. Investing

    The World’s Biggest State Owned Oil Companies

    Read about eight of the biggest government-controlled oil producers in the world, and learn more about how they are organized and how much oil they produce.
  5. Investing

    OPEC Strategy Stable, Saudi to Borrow $15 Billion (KSA)

    OPEC left it to markets to determine oil prices, which are likely to be influenced by the dollar in the run-up to the FOMC meeting.
  6. Investing

    Moody's Downgrades 3 Gulf Countries' Credit

    Moody's downgraded the credit ratings of three Gulf countries over the weekend.
  7. Investing

    3 ETF Strategies for Growth in the Middle East for 2016 (EIS, GULF)

    Learn about the state of the Middle East, the risks that face the region in 2016 and the top three ETFs that should be considered for growth in 2016.
  8. Investing

    Batman, Superman Get Rooms as Time Warner Expands

    After years of watching competitors generate significant revenue from their intellectual property, Time Warner's (NYSE: TWX) Warner Bros. Entertainment unit is working overtime to ink its own ...
  9. Investing

    Will Sovereign Wealth Funds Roil Equities Markets?

    An increase in redemptions by oil economies will have an adverse effect on global equities and exacerbate an already fragile global economy.
  10. Investing

    Iran Prepares to Tap Eurobond Market

    Iran has approached banks to prepare for a return to international capital markets for the first time since 2002.
RELATED FAQS
  1. How does the risk profile of private equity investments compare to those of other ...

    Learn how the risk profile of private equity investment compares to other asset classes and the aspects investors should ... Read Answer >>
  2. What is the difference between a hedge fund and a private equity fund?

    Learn the primary differences between hedge funds and private equity funds, both of which are utilized by high net worth ... Read Answer >>
  3. What are the most common mutual funds for investing in the real estate sector?

    Obtain information about some of the most popular mutual funds that investors can consider for investing in the real estate ... Read Answer >>
  4. Why are private equity investments usually reserved for rich people?

    Learn what investors without a high net worth can do to invest in private equity investments, and discover the benefits and ... Read Answer >>
  5. Can mutual funds invest in private equity?

    Learn about the mutual funds that invest in private equity by buying shares of investment holdings firms that specialize ... Read Answer >>
  6. Where does a hedge fund get its money?

    Learn how a hedge fund is structured and how the managing partner of the fund goes about the process of finding and soliciting ... Read Answer >>
Hot Definitions
  1. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  2. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  3. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  4. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  5. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
  6. Yuppie

    Yuppie is a slang term denoting the market segment of young urban professionals. A yuppie is often characterized by youth, ...
Trading Center