Global Equities

Global Equities

DIC Global Equities manages all of DIC’s global public equities investments that are made directly or through the Global Strategic Equities Fund (GSEF). It sources investment opportunities for the fund, which plans to become a leading shareholder in pre-eminent large global capitalisation stocks, whilst simultaneously aiming to create value through long term exposure to a concentrated portfolio of undervalued companies. It aims to have Assets under Management of US$ 10 billion in the next two years.

 

The division’s transactions include investments in DaimlerChrysler, the acquisition of a substantial stake in HSBC, and more recently the acquisitions of stakes in EADS, the parent company of Airbus, and ICICI, Bank Limited (‘ICICI’), the leading Indian financial services firm.