Invesco AMC

Mumbai: IndusInd International Holdings (IIHL) will acquire a 60% stake in Invesco Asset Management. Invesco will retain a 40% stake in the fund house, while both IIHL and Invesco will have sponsor status. The size of the deal has not been disclosed. IIHL is the promoter entity of IndusInd Bank. Invesco is the fifth-largest foreign … Read more