Latest Updates Around The World
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 […]
IndusInd International Holdings, the promoter of IndusInd Bank, and Invesco have completed the formation of their asset management joint venture following IIHL’s acquisition of a 60 percent ownership stake in Invesco Asset Management India, following all regulatory approvals and closing conditions. With Invesco retaining the remaining 40 percent stake, both IIHL and Invesco will retain […]
