Abu Dhabi Pension Fund may launch mutual fund

ABU DHABI — Abu Dhabi Retirement Pensions and Benefit Fund said it would launch new investment vehicles to maximise its gains for onwards distribution to pensioners and their beneficiaries said a top official.

By Haseeb Haider

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Mon 26 May 2008, 9:25 AM

Last updated: Sun 5 Apr 2015, 1:41 PM

"We are also an investment firm which has interests not only in domestic market but also in international market, Hamad Saif Al Mansouri the newly-appointed director-general of the Abu Dhabi Retirement Pensions and Benefit Fund (ADRPBF), told Khaleej Times on the occasion of unveiling the fund'sstrategy for 2008-2012.

Hamad, who has extensive exposure to investment world as fund manager for Hong Kong and China at Abu Dhabi Investment Authority said he would do his best to take all measures to maximise the returns of the fund. He said that the fund can launch investment vehicles, mutual funds to invest its proceeds. To a question on whether pension could be allowed to private sector employees, he said everything is possible.

More news from