Bahrain’s US$18 billion Mumtalakat has undergone a makeover and organizational shake-up, separating assets into portfolios with very different objectives.The sovereign wealth fund previously grouped its assets according to economic sector, but has reorganized them into four portfolios.Global asset management (42% of AUM, according to Global SWF’s estimates) includes all asset...
Bahrain’s US$18 billion Mumtalakat has undergone a makeover and organizational shake-up, separating assets into portfolios with very different objectives.The sovereign wealth fund previously grouped its assets according to economic sector, but has reorganized them into four portfolios.Global asset management (42% of AUM, according to Global SWF’s estimates) includes all asset...