Abu Dhabi Investment Council CIO says portfolio up 13% this year, likes macro for next year

ABU DHABI, Dec 9 (Reuters) - Abu Dhabi Investment Council CIO Shiv Srinivasan said their hedge fund portfolio is up 13% so far this year and that he favours macroeconomic and trend hedge funds for 2026.

"With pain comes opportunity down the line," Srinivasan told attendees at the Abu Dhabi Finance Week conference, noting the rising volatility in markets brought on by geopolitical events globally and oncoming elections.

"So we like macro strategies and those that tend to be long volatility," said Srinivasan, who oversees investing for the state-backed fund.

"Those strategies did really well for us in 2022 along with CTAs," he said.