Intel Corp (INTC)

[Professor MD]

Abu Dhabi, a victim of “fraudulent misrepresentations”,
will shift their investment away from Western markets.

Sovereign wealth funds in the region (Abu Dhabi the biggest investor) are investing more in emerging markets such as Africa and China as they shift away from Western markets.

http://gulfbusiness.com/2014/11/middle-east-wealth-funds-actively-invest-2015/#.VJWwYP-kEA

Abu Dhabi Investment Authority, one of the emirate’s investment funds, lost an appeal last year related to losses on a $7.5 billion investment in Citigroup Inc. The fund, known as ADIA, agreed to buy the equivalent of 4.9 percent of Citigroup in 2007, before share issuances during the financial crisis eroded the value of its holdings. A year later, the bank was bailed out at the cost of $45 billion.
ADIA, which doesn’t give the value of its assets, filed a complaint against Citigroup in 2009, saying it made “fraudulent misrepresentations” about the deal. Last year, a Manhattan federal judge rejected a bid by ADIA to overturn an arbitration panel’s ruling favoring Citigroup in the dispute.

http://www.bloomberg.com/news/2014-12-09/citigroup-sued-in-abu-dhabi-by-investor-over-fund-losses.html

CBRE warns oil decline could take toll on overseas ambitions of GCC sovereign wealth funds

http://www.thenational.ae/business/property/cbre-warns-oil-decline-could-take-toll-on-overseas-ambitions-of-gcc-sovereign-wealth-funds

AMD may suffer.