{"id":7165,"date":"2008-02-20T00:00:00","date_gmt":"2008-02-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"dubai-expands-presence-in-asia","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2008\/dubai-expands-presence-in-asia.html","title":{"rendered":"Dubai Expands Presence in Asia"},"content":{"rendered":"<p>HedgeCo.Net (West Palm Beach) &#8211; Dubai International Capital is planning to invest $5 billion in the emerging Asian markets, as part of a three year plan, says Chief Operating Officer Anand Krishman.&nbsp; The money will be invested in comapnies throughout China, India and Japan. &nbsp;<\/p>\n<p>DIC currently manages $13 billion in assets, and plans to double that in the next three to four years could be dependent on their performance in Asia.&nbsp; &nbsp;<\/p>\n<p>&quot;Clearly because of the growth in emerging markets, we believe companies having exposure to emerging markets will grow significantly as well,&quot; explained Krishman. <\/p>\n<p>DIC also may raise their current stakes in companies like Sony Corp, HSBC holdings and European Aeronautic Defense &amp; Space.&nbsp; While they recently made a &ldquo;substantial investment&rdquo; in Sony, the exact amount is unknown. <\/p>\n<p>&quot;If it makes sense for us from a returns perspective and we can get it at the right pricing, absolutely. We would look at any one of the stocks that we have invested in,&quot; Krishman said.<\/p>\n<p>Dubai International Capital LLC is an investment arm of Dubai Holdings.&nbsp; They invest in companies based in North America, Europe, Asia, the Middle East, and North Africa.&nbsp; It is owned by the ruler of Dubai, Sheik Mohammed bin Rashid al-Maktoum<\/p>\n<p>&nbsp;<\/p>\n<p>Julie Scuderi<br \/>Contributing Editor for HedgeCo.Net<br \/>Email: julie@hedgeco.net<\/p>\n<p>HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on <a target=\"_self\" href=\"..\/news\/02\/news\/01\/\">www.hedgeco.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<br \/>Be sure to check out our sister sites. <a target=\"_self\" href=\"http:\/\/www.hedgefundlounge.com\/\">www.hedgefundlounge.com<\/a>, <a target=\"_self\" href=\"http:\/\/www.hedgefundtools.com\/\">www.hedgefundtools.com<\/a>, and <a target=\"_self\" href=\"http:\/\/www.hedgefundemployment.com\/\">www.hedgefundemployment.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net (West Palm Beach) &#8211; Dubai International Capital is planning to invest $5 billion in the emerging Asian markets, as part of a three year plan, says Chief Operating Officer Anand Krishman.&nbsp; The money will be invested in comapnies throughout [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7165","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7165"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7165\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}