Abu Dhabi fund Mubadala's AUM rose 9.5% in 2023 to touch $302b

Abu Dhabi fund Mubadala's AUM rose 9.5% in 2023 to touch $302b

An employee stands in front of a Formula One race photograph at the Mubadala stand outside the Ferrari store in Marina Mall in Abu Dhabi, September 23, 2008. REUTERS/Morteza Nikoubazl

Abu Dhabi sovereign wealth fund Mubadala’s assets under management rose 9.5% last year to 1.11 trillion dirhams ($302.2 billion), it reported on Friday.