| Abu Dhabi’s Mubadala, one of the world’s most influential sovereign wealth funds, has revealed that it has set up a centralised system for tracking the business it does with banks. The comments will provide banks with useful clues on how to deal with sovereign wealth funds.
In an exclusive interview with Euromoney, senior Mubadala executives at the $27 billion state fund’s headoffice in Abu Dhabi say the system includes monitoring financing given to Mubadala, fees paid by the fund, as well as the amount of time and the seniority of people that banks have deployed to their work with Mubadala..............................................Full Article: Source
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