Hedge Funds & Alternative Investments
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Abu Dhabi merges sovereign wealth funds
Abu Dhabi has completed a $125 billion merger of sovereign wealth funds, as the emirate attempts to diversify investments away from oil, which has seen a major slump in prices. The government-owned Mubadala Investment Company, as the new venture is called, combines the assets of the International Petroleum Investment Company…
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Click here to read the full story: USA Today