MOVES - Ex-LGIM executive joins Abu Dhabi sovereign fund

ABU DHABI Wed Aug 28, 2013 1:53pm IST

ABU DHABI Aug 28 (Reuters) - The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, said on Wednesday it had appointed Suresh Sadasivan as head of its internal equities department for Asia excluding Japan.

Sadasivan will be responsible for developing strategy, managing risk and overseeing management of investment portfolios focused on that region for ADIA, a company statement said.

He joins ADIA from Legal & General Investment Management, where he was head of Asia-Pacific equities since 2011. (Reporting by Stanley Carvalho; Editing by Andrew Torchia)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.