Abu Dhabi's $160 billions fund seeks bolder investments aiming for a 10% return.
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According to Bijie Network, the Abu Dhabi Investment Council (ADIC), an investment institution under Mubadala Investment Company with assets totaling $160 billions, is expanding its investment strategy under the leadership of CEO Saeed Mazrouei. ADIC aims to achieve a return rate of at least 10%. To this end, it has launched secondary market trading operations, increased its investment in bitcoin, accelerated its entry into the insurance industry, and made adjustments to its senior leadership team.
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