Mubadala to maintain annual investment of $39bn with Asia in focus

The National ·
United Arab Emirates

Abu Dhabi sovereign wealth fund Mubadala Investment Company plans to maintain annual investment of $39 billion with a focus on Asia, its chief financial officer said on Wednesday. “Last year, we invested about $39 billion, which is roughly 10 per cent of our portfolio, and our aim is to continue doing that through all cycles. Every year, we want to deploy that same amount,” Carlos Obeid told the…

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