29.10.2009 - Mubadala and Ipic among top global investors this year
From Business24-7.ae: The UAE-based sovereign wealth funds International Petroleum Investment Company (IPIC) and Mubadala and Chinese state fund China Investment Corp (CIC) are the top investors with 28 deals worth $22 billion (Dh80.8bn) this year, said a senior Barclays banker. Gay Huey Evans, Vice-Chairman for Investment Banking and Investment Management at Barclays, said state investors, led by China and Abu Dhabi funds, switched focus to natural resources such as energy or agriculture this year, ploughing 61 per cent of their total investment or around $57bn into the sector and only 15 per cent in financials............................Full Article: Source