DUBAI: Two influential Middle Eastern wealth funds are for now planning to hold on to Russian assets worth billions of dollars, seen as strategic and long-term investments, people familiar with the matter said.
Abu Dhabi’s Mubadala Investment Co and Qatar Investment Authority (QIA) are taking a different approach to Norway’s US$1.3 trillion (RM5.5 trillion) sovereign wealth fund, which is starting a process to remove Russian assets from its portfolio.
