Three sovereign wealth funds manage assets worth $1.7 trillion and have directed Abu Dhabi's oil revenues toward international investment and development. During the 2008 crisis, sovereign investors opened the doors of Abu Dhabi. The 'Mubadala' fund was established to diversify the economy and strategic investments. A report by the Financial Times confirms Abu Dhabi's successful transformation into a major capital, proud to be among the world leaders in sovereign wealth concentration. This was achieved by directing oil revenues into international investments and local development. In the first decades of its wealth-building efforts, the emirate sought to remain out of the spotlight, says Diego Lopez, founder and director.
