05.09.2011 - Major Middle East sovereign wealth fund increases emerging markets exposure
Abu Dhabi’s sovereign wealth fund Mubadala is increasing its position in emerging markets, according to Waleed Al Muhairi, the COO of Abu Dhabi’s state investment fund. He estimates the firm’s 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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