Weekly Digest: Mubadala to double down on Asia; Malaysia's EPF gets new CEO
The Abu Dhabi-based fund eyes doubling Asia exposure; EPF gets new chief; Dutch pension giant closes China office; Future Fund posts 8% gain for 2023; HKMA Exchange Fund posts 5.2% annual investment gain; and more.
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Abu Dhabi-based sovereign wealth fund Mubadala Investment Corporation is seeking to roughly double its exposure to Asia.
Across Mubadala, “out of our roughly $300 billion in assets under management, only 12% is in Asia today and we want to move that number closer to 25%,” by as soon as 2030, Camilla Macapili Languille, head of the fund’s life sciences and healthcare investments division, said.
While investments in North America and Europe make up a chunk o…
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