JP Morgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years.

The Asian Infrastructure & Related Resources Opportunity Fund invested in cement and water treatment companies in China and a hospital in India over a month after the fund was closed, said Philip Jackson, chief of JP Morgan's Asia infrastructure investments group.

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Posted by mopeng at March 14, 2010 11:27 PM