05.09.2011 - Major Middle East sovereign wealth fund increases emerging markets exposure
Abu Dhabiís sovereign wealth fund Mubadala is increasing its position in emerging markets, according to Waleed Al Muhairi, the COO of Abu Dhabiís state investment fund. He estimates the firmís international portfolio will be weighted roughly equally between developed and emerging markets within the next five years. This moves away from the roughly 60% weighting in favour of developed markets today..............................................Full Article: Source
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