Financial Times FT.com

Investment banking

Dubai fund steps up push into Asia

By Michiyo Nakamoto in Tokyo

Published: February 19 2008 22:28 | Last updated: February 19 2008 22:28

Dubai International Capital is stepping up its investments in Asia with plans to invest about $5bn in India, China and Japan during the next three to four years.

The current market turmoil would provide substantial opportunities for DIC to invest in Asia, Anand Krishnan, the Gulf investor’s chief operating officer said in Tokyo on Tuesday.

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