- With $284 billion?in assets worldwide, Mubadala is diversifying into fintech and healthcare as part of ambition to double its size within a decade.
- Abu Dhabi’s Mubadala Investment Co. has taken advantage of tumbling tech firm valuations to make a series of investments in small- to mid-sized tech companies worldwide this year.
- Software firm Celonis has raised $1 billion in funding from backers including the Qatar Investment Authority.
- Celonis was valued at $13 billion as part of the round, and the secured $1 billion will be used to build out its software aimed at helping companies to carry out their operations efficiently, according to a Bloomberg report.
- Kuwait’s sovereign wealth fund, the world’s fourth largest SWF, will not pull out of any European country due to fears of recession and other factors, a newspaper in the OPEC member said on Wednesday, citing informed sources.?
- The Kuwait Investment Authority (KIA) has large assets in Europe and all of them are “balanced investments” that are protected by precautionary measures, the Arabic language daily Alrai said.
- BlackRock today launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the?iShares 20+ Year Treasury Bond BuyWrite Strategy ETF?(Cboe:?TLTW),?iShares High Yield Corporate Bond BuyWrite Strategy ETF?(Cboe:?HYGW) and the?iShares Investment Grade Corporate Bond BuyWrite Strategy ETF?(Cboe:?LQDW).
- Each ETF packages two potential income sources into one ticker – premiums generated by selling monthly call options on the underlying ETFs (TLT,?HYG?and?LQD) and the yields from each of the underlying ETFs themselves.
