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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Performance

Aabar, Mubadala book profits by timing it right

Posted on 16 November 2010

From Gulfnews.com: Abu Dhabi-based government investment companies Aabar Investments and Mubadala Development Company are thought to have made a smart move in selling their stakes in two Europe-listed companies at a profit at a time when the market conditions are growing volatile, market analysts told Gulf News yesterday.
“Selling stakes at a profit when the market conditions are still good is a wise move. There are still a lot of uncertainties in the global economy,” said Chahir Hosni, sales manager with EFG-Hermes……………………………………….Full Article: Source

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