Middle Eastern funds remain bullish on Chinese equities

As some asset owners turn cautious on Chinese assets, Middle Eastern funds continue to increase allocations to the country, with the Abu Dhabi Investment Authority (Adia) likely to deepen its reach. “Investors are fairly constant [and] slightly bearish this year when it comes to Chinese equities,” Diego Lopez, managing director at Global SWF, told AsianInvestor. “Exceptions are some Middle Eastern funds, [like the] $829-billion Adia, $692-billion Kuwait Investment Authority, and n…