Abu Dhabi's Mubadala expects unchanged investment strategy in 2022
Reuters
Published Nov 22, 2021 02:46AM ET
Updated Nov 22, 2021 06:06AM ET
(Refiles to fix dateline)
By Saeed Azhar and Davide Barbuscia
DUBAI (Reuters) -Abu Dhabi state investor Mubadala, which manages $243 billion in assets, expects no change in its investment strategy and themes in 2022, group chief executive Khaldoon Khalifa Al Mubarak said on Monday.
Areas such as renewables, technology and life sciences will continue to remain themes for the state investor, Al Mubarak said at a conference.
"Thematically there is no shift in terms of our strategy," Al Mubarak said. "From a short-term perspective, yes there are challenges ahead. I think inflation is creeping in many places."
With the world coming out of the COVID-19 pandemic there is strong liquidity globally, though potential increases to interest rates would have implications, he added.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.