Plans unveiled to invest $100m into Russian markets.
Mubadala, the investment arm of the Abu Dhabi Government, has unveiled plans to invest $100m into the Russian markets. The money will be invested into funds managed by Verno, a specialist fund manager in the capital markets of Russia and the Commonwealth of Independent States such as Armenia, Belarus, Moldova and Ukraine. “Following an analysis of opportunities in Russia, it became clear that the most effective approach to our first investment in the region was to collaborate with a proven local partner,” said Khaldoon al-Mubarak, chief executive officer, Mubadala.
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