The IndusInd International Holdings-Invesco partnership marks the group's entry into India's fast-growing mutual fund business, strengthening distribution and product reach
IndusInd Bank promoter IndusInd International Holdings and US-based Invesco on Sunday announced that they have completed the formation of their asset management joint venture, following IIHL's acquisition of a 60 per cent ownership stake in Invesco Asset Management India. Following all regulatory approvals and closing conditions, Invesco Ltd, with the remaining 40 per cent stake, will hold joint sponsor status with the Hinduja Group firm IndusInd International Holdings Ltd (IIHL) in the asset management company, a joint statement said. As of September 2025, Invesco Asset Management India (IAMI) is the 16th largest domestic asset manager in India, with combined onshore and offshore (through advisory) average assets under management of Rs 1,48,358 crore for the quarter ending September 2025 and a presence in 40 cities across the country. Both partners contribute their respective strengths to the joint venture (JV), with Invesco offering its global investment management expertise and .
Invesco Mutual Fund has received market regulator Sebi approval to transfer a controlling 60 per cent stake to IndusInd International Holdings Ltd (IIHL), according to sources. The Securities and Exchange Board of India (Sebi) has recently provided all approvals to the pending applications by Invesco India for a change in control of Invesco AMC, Invesco Trustee Company and to the PMS business, they added. According to sources, Sebi has also approved the appointment of directors on the board of the Invesco Trustee Company. The Competition Commission of India (CCI) had approved the acquisition of shareholding in each of Invesco Asset Management (India) Private Ltd and Invesco Trustee Private Ltd by Hinduja Group's firm IIHL in August 2024. The proposed combination pertains to the acquisition of 60 per cent shareholding in each of Invesco Asset Management (India) Private Ltd (Invesco AMC) and Invesco Trustee Private Ltd (Invesco Trustee) by IIHL. IIHL will be holding the investment .
Investment management firm Invesco on Wednesday divested more than 2 crore shares of real estate firm Oberoi Realty and Lodha Developers for a total of Rs 3,202 crore through open market transactions. The US-based investment firm through its affiliate Invesco Developing Markets Fund offloaded a little over 1 crore equity shares or 2.95 per cent stake in Oberoi Realty, bulk deal data on the BSE showed. The company sold shares at Rs 1,754.26 apiece, taking the deal value to around Rs 1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund owned a 3.01 per cent stake in Oberoi Realty. In a separate bulk deal on the NSE, Invesco Developing Markets Fund sold 95.25 lakh shares or nearly 1 per cent stake in Mumbai-based Lodha Developers. Shares were disposed of at Rs 1,384.93 apiece, taking the total value to Rs 1,319.24 crore. Meanwhile, SBI Mutual Fund bought 40.94 lakh shares or 1.13 per cent equity stake in Oberoi Realty for Rs 718.18 crore. The shares were acquired a
Invesco India Income Plus Arbitrage Active Fund of Fund is an open-ended fund of fund scheme investing in units of actively managed debt-oriented schemes and equity arbitrage schemes
Invesco Mutual Fund has launched the Invesco India Business Cycle Fund; check the key details of this open-ended equity scheme here
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