xtremelightningroulette| Firmly invest in future industries! The size of United Arab Emirates's sovereign funds exceeded 2.1 trillion yuan and doubled in ten years

Source: financial Union

Friday local timeXtremelightningrouletteHas a high reputation in the field of global science and technology creationXtremelightningrouletteAccording to the 2023 report released by Mubadala Investment Co., Ltd., the further appreciation of investment positions and the positive layout superimposed on areas such as AI have also made the Middle East sovereign fund confident that it will maintain rapid development over the next decade.

For any investment vehicle, the most important thing is the rate of return. Mubadala revealed that the five-year return on the entire portfolio rose to 10% in 2023.Xtremelightningroulette.3%. By horizontal comparison, the figure for 2022 is 8.Xtremelightningroulette.5%. At the end of the reporting period, Mubadala's asset management rose to 1.11 trillion UAE dirhams (about 2.18 trillion yuan, or $302 billion).

(source: Mubadala Annual report)

Mr Mubadala says the company's long-term goal is to double the size of its assets over the next decade. Mubadala is the second largest sovereign investment fund in the United Arab Emirates after the Abu Dhabi Investment Authority.

It should be noted that, as a consideration of implementing "long-term investment", Mubadala does not disclose revenue or profit data on an annual basis, but chooses to publish a multi-year target.

The company also revealed in its annual report that the company's portfolio structure remained virtually unchanged in 2023, with 38% invested in private equity, 25% in public market stocks, and 16% in real estate and infrastructure.

In terms of the region where the portfolio is located. By the end of 2023, Mubadala's investment in North America and Europe had risen slightly to 41 per cent and 16 per cent, while that in the Asia-Pacific region had fallen from 16 per cent to 12 per cent.

(source: Mubadala Annual report)

As a bright spot of investment over the past year, Mubadala highlighted investments in a range of key industries, such as artificial intelligence, digital infrastructure, life sciences and clean energy. Mubadala said the company invested 89 billion dirhams in this series of "shaping the future" industries in 2023.

In the process of economic transformation in the United Arab Emirates, the core of Mubadala's strategy remains to promote AI-led innovation in areas such as health care and space technology.

Mubadala and Abu Dhabi Technology Investment Group G42, Space42, an aerospace and satellite technology company co-founded, and M42, an integrated healthcare group, are mentioned here. The two companies are also founding members of MGX, an artificial intelligence investment company in the United Arab Emirates, and it is reported that the size of the technology investment fund is "expected to exceed $100 billion in the next few years."

In Europe and the United States, Mubadala also made a number of investments that attracted market attention last year. Examples include Aligned, a US data center provider, GlobalConnect, a provider of data communications and data center services, and Fortress, an investment management company bought from Softbank Corp..

In the Asian region, GE Core, co-founded by Mubadala, opened a $4 billion semiconductor factory in Singapore and invested with KKR in CoolIT Systems, a provider of scalable liquid cooling solutions for data centers. In December, Mubadala also discovered one of the largest potential natural gas reserves on the planet in Indonesia, which could be as high as 170 billion cubic meters.