Tuesday 10 December 2019

Mubadala has invested $100 billion in U.S., eyes China: deputy CEO - Reuters

Mubadala has invested $100 billion in U.S., eyes China: deputy CEO - Reuters:

Abu Dhabi state investor Mubadala Investment Co [MUDEV.UL] has invested $100 billion in the United States, more than 40% of its roughly $240 billion portfolio, Deputy CEO Waleed al-Muhairi said on Tuesday.

“What that tells you is that from our perspective the risk reward equation works in the United States,” he said at the SALT conference in Abu Dhabi, adding that the bulk of the investments are direct, with a small portion indirectly invested through funds.

He said the remaining part of the portfolio is almost equally split between three regions - the United Arab Emirates, Europe and Asia.

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