Latest Updates Around The World
Groww is close to bringing in a global asset manager as a strategic investor in its mutual fund business, marking a major milestone in the expansion of its asset management business. In a filing with the regulator, the company said it has entered into definitive agreements with US-based State Street Global Advisors Inc for an […]
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the establishment of their new asset management joint venture in India, marking a major strategic step in the fast-growing Indian mutual fund industry. Under the agreement, IIHL has acquired a 60% stake in Invesco Asset Management India […]
