Abu Dhabi Investment Authority (Adia), one of the world’s largest sovereign wealth funds, said it had appointed Brian Tipple, a seasoned asset manager, as its first global head of external equities.
In his new role, he will be responsible for developing the department’s overall investment strategy and oversee the fund’s externally managed portfolios.
Mr Tipple, who will be based in Abu Dhabi, was most recently the chief investment officer for Cleveland, Ohio-based Key Private Bank’s more than US$30 billion multi-asset, multi-strategy investment business. Before that, he spent 20 years with Russell Investments, a Seattle-based global asset manager with more than $250bn in assets under management.
"Over more than three decades in the asset management industry, Brian has proven himself as an astute investor and leader with a deep understanding of global equity markets," said Obaid Al Suwaidi, the executive director of external equities at Adia, said. "He will play an important role in managing the department's existing investments, while further developing and refining our strategy in the external equities space."
A US citizen, Mr Tipple holds a BA in economics from Pacific Lutheran University in Washington state, is a member of the CFA Institute’s Seattle chapter and serves as a curriculum consultant to the CFA Institute on issues relating to manager research and selection.
mkassem@thenational.ae
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ASHES FIXTURES
1st Test: Brisbane, Nov 23-27
2nd Test: Adelaide, Dec 2-6
3rd Test: Perth, Dec 14-18
4th Test: Melbourne, Dec 26-30
5th Test: Sydney, Jan 4-8
All%20We%20Imagine%20as%20Light
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What is a Ponzi scheme?
A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
The Year Earth Changed
Directed by:Tom Beard
Narrated by: Sir David Attenborough
Stars: 4
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The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
WHAT ARE NFTs?
Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.
An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.
This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Confirmed%20bouts%20(more%20to%20be%20added)
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Company%20Profile
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Specs%3A%202024%20McLaren%20Artura%20Spider
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Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
Company%20profile
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KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
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Ain Dubai in numbers
126: The length in metres of the legs supporting the structure
1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch
16 A380 Airbuses: The equivalent weight of the wheel rim.
9,000 tonnes: The amount of steel used to construct the project.
5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place
192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.
COMPANY%20PROFILE
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Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
SPECS
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