 ÎÀÝ îáðàçîâàíî ïÿòü ñóâåðåí-
íûõ ôîíäîâ: óæå óïîìÿíóòàÿ ADIA,
Abu Dhabi Investment Council (ADIC),
Mubadala Development Company,
International Petroleum Investment Company
(IPIC) è Emirates Investment Authority
(EIA). Â ñîâîêóïíîñòè ýòè ôîíäû óïðàâ-
ëÿþò àêòèâàìè íà ñóììó US $830 ìëðä.
Ôîíäû Àáó-Äàáè ðàçäåëÿþò èíâåñòè-
öèîííûå îáÿçàííîñòè â ïîèñêàõ äîëãî-
ñðî÷íîé ñòðàòåãèè.  òî âðåìÿ êàê ADIA
ïîëíîñòüþ êîíöåíòðèðóþòñÿ íà âíåøíèõ
èíâåñòèöèÿõ, IPIC èíâåñòèðóåò â îñíîâ-
íîì â ýíåðãåòè÷åñêèå ïðîåêòû êàê â ÎÀÝ,
òàê è çà ðóáåæîì.
Ìåæäó òåì, Mubadala èíâåñòèðóåò â
òàêèå ñåêòîðû, êàê àýðîêîñìè÷åñêàÿ èí-
äóñòðèÿ, ôèíàíñîâûå óñëóãè, âîçîáíîâ-
ëÿåìûå èñòî÷íèêè ýíåðãèè, íåôòü, ãàç è
ãîðíîäîáûâàþùàÿ ïðîìûøëåííîñòü.
ADIC èíâåñòèðóåò íàïðÿìóþ, èñ-
ïîëüçóÿ ñïåöèàëèçèðîâàííûõ ñïåöèàëè-
ñòîâ ïî óïðàâëåíèþ àêòèâàìè â àêöèÿõ,
îáëèãàöèÿõ è àëüòåðíàòèâíûõ èíâåñòè-
öèÿõ. Ôîíä íå èìååò îáÿçàòåëüñòâ ïå-
ðåä ïðàâèòåëüñòâîì Àáó-Äàáè. Îò ADIC
òðåáóþòñÿ ìàêñèìàëüíî âîçìîæíûå
äîëãîñðî÷íûå äîõîäû ïî àêòèâàì, âîç-
ëîæåííûì íà ôîíä, ñ íåîáõîäèìîñòüþ
â íåáîëüøîé ëèêâèäíîñòè. Â èíâåñòè-
öèîííîì ïîðòôåëå ADIC åñòü íàöèî-
íàëüíûå êîìïàíèè: National Bank of Abu
Dhabi, Abu Dhabi Commercial Bank, Al
Hilal Bank, Abu Dhabi Investment Company.
Öåëüþ ýòèõ èíâåñòèöèé ÿâëÿåòñÿ
óëó÷øåíèå ïðèáûëüíîñòè è êîíêóðåíòî-
ñïîñîáíîñòè êîìïàíèé â äîëãîñðî÷íîé
ïåðñïåêòèâå â ðàìêàõ Ýêîíîìè÷åñêîé
ñòðàòåãèè Àáó-Äàáè 2030 ãîäà.
Ñåãîäíÿ â ìèðå ñóùåñòâóåò ïðèìåðíî 80 ñóâåðåííûõ
ôîíäîâ. Êðóïíåéøèå – ïåíñèîííûé ôîíä Íîðâåãèè,
Abu Dhabi Investment Authority (ADIA) è SAFE Investment
Company (Êèòàé)
Àêòèâû ïîä óïðàâëåíèåì ($US, ìëðä)
Èñòî÷íèê: Sovereign Wealth Center, 2014
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?G
589
90
68
61
22
Äàìèð Çàãèäóëëèí,
àíàëèòèê èíâåñòèöèîííîé êîìïàíèè
Investbridge Capital
ÈÍÂÅÑÒÈÖÈÈ
ÄÅËÎÂÛÅ ÝÌÈÐÀÒÛ
/ ÄÅÊÀÁÐÜ – ßÍÂÀÐÜ 2015
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