WASHINGTON - While dozens of U.S. banks focus on building a domestic presence in mutual funds, Citicorp is homing in on opportunities overseas.

The nation's largest bank, which manages only $3.9 billion of U.S. mutual funds, has boosted its global fund assets to $30 billion, up 50% in the past 30 months, according to David Cariseo, managing director of Citibank Global Funds. About half is in fixed-income funds, with the rest split among equity and money market funds.

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