Mumtalakat and ADIA looking at new asset classes and regions

Bahrain's sovereign wealth fund Mumtalakat is looking at shares, hedge funds and fixed income while ADIA is looking to diversify its portfolio of infrastructure assets across regions, including North America, Europe, Australia and the Far East

In an interview with the US-based CFA Institute magazine (PDF), Saeed Al Hajeri, Executive Director of Abu Dhabi Investment Authority Emerging Markets Department has mentioned that Adia's emerging markets department is seeking to diversify its portfolio of infrastructure assets across regions, including North America, Europe, Australia and the Far East.

Also on the sidelines of World Economic Forum, Mumtalakat chief executive, Talal Al Zain, talked to Reuters: "Our portfolio today is still more heavy on the private equity... We're looking at shares, we're looking at hedge funds, we're looking at fixed income."

Bahrain's Mumtalakat and ADIA are listed in the Middle East Investors Directory with the code SIN22 and BD43 respectively.

More details follows from Reuters and Emirates 24|7