IndusInd International Holdings has acquired 60% stake in Invesco Asset Management India for undisclosed amount.

Economy Business

IndusInd International Holdings has acquired 60% stake in Invesco Asset Management India for undisclosed amount. Invesco, the existing promoter, will hold the remaining 40 percent stake in the joint venture company and both IIHL and Invesco will have sponsor status of the mutual fund house. With an AUM of ₹85,393 crore, IAMI is the 17th largest domestic asset manager in India and has presence in 40 cities across the country.


     

     

     

 

     


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