Hinduja Group enters Indian mutual fund space with acquisition of Invesco's India arm

Hinduja Group enters Indian mutual fund space with acquisition of Invesco's India arm

Hinduja Group company IndusInd International Holdings (IIHL) said it has agreed to form a joint venture with US investment management company Invesco and also acquire a 60% stake in the latter’s India arm Invesco Asset Management India Limited (IAMI).

Edited by: Pramod Mathew

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