November 28, 2024 4:58 PM

Global sovereign funds, top investors reaffirm support for Adani group

Abu Dhabi's International Holding Company (IHC) on Thursday said its outlook on investments in the Adani Group remains unchanged despite the US indictment of some of the conglomerate's officials. In a statement, IHC, which is one of the largest sovereign funds managing assets worth $100 billion, said, "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors." “As with all our investments, our team continues to evaluat...