LONDON – 22 November 2020. Today, the International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from almost 40 countries, is pleased to announce that it has admitted the Mubadala Investment Company (Mubadala) as a full member, bringing the total number of full members to 35.
Mubadala is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the Government of Abu Dhabi. Mubadala's US $229 billion portfolio spans five continents across numerous sectors and asset classes.
As a full member of the IFSWF, Mubadala voluntarily agrees to uphold the Generally Accepted Principles and Practices for governance, investment and risk management of sovereign wealth funds, known as the Santiago Principles®. By applying the Principles, IFSWF members demonstrate their commitment to professional, independent, and commercially orientated investment management as they seek to fulfil the mandates set for them by their owners.
Duncan Bonfield, Chief Executive of the IFSWF Secretariat, said:
“We are delighted to welcome Mubadala to the IFSWF membership. Mubadala is highly respected across the globe as a sophisticated and innovative investor. As an IFSWF member, Mubadala will bring its deep experience and expertise to our knowledge-sharing programme, joining its peers in helping all IFSWF members learn from each other to improve outcomes for their citizens and stakeholders.”
About the International Forum of Sovereign Wealth Funds
The International Forum of Sovereign Wealth Funds (IFSWF) is a voluntary organisation of global sovereign wealth funds committed to promoting good governance and investment management practices through dialogue, research and self-assessment. The IFSWF also seeks to promote a deeper understanding of sovereign wealth fund activity amongst government and financial services institutions.
The Santiago Principles are a registered trademark of IFSWF Ltd.
Find out more at www.ifswf.org
Contact:
Victoria Barbary, Director of Strategy & Communications, IFSWF
+44 20 39067323
vb@ifswf.org
About Mubadala Investment Company
Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the Government of Abu Dhabi. Mubadala's US $229 billion portfolio spans five continents with interests in multiple sectors including aerospace, ICT, semiconductors, metals and mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, pharmaceuticals and medical technology, agribusiness and a global portfolio of financial holdings across all asset classes.