Archive · 3 Nov 2025
IIHL and Invesco Form Joint Venture to Build Global BFSI Powerhouse
Imagine two big companies, IIHL and Invesco, have decided to team up.
IIHL is buying most of Invesco's company that helps people manage their money, called an asset management company.
Together, they want to become a super strong global financial company by the year 2030.
This means they will offer more ways for people to invest their money.
Invesco will bring its worldwide experience, and IIHL will use its large network across India to reach even more people.
They plan to help people in smaller cities too and use new digital ways to offer services.
The company that manages money will still be led by the same person and will focus on helping clients invest and get good service, just like before.
IIHL and Invesco have officially formed their asset management joint venture.
IIHL has acquired a 60% stake in Invesco Asset Management Co.
The joint venture aims to become a global BFSI powerhouse by 2030.
The partnership will leverage Invesco's global expertise and IIHL's extensive distribution network in India.
The joint venture plans to expand offerings through GIFT City, passive products, and digital channels, with no change in client service focus.
- Who
- IndusInd International Holdings (IIHL) and Invesco
- What
- Completed the formation of their asset management joint venture, with IIHL acquiring a 60% stake in Invesco Asset Management Co.
- When
- Announced on Sunday
- Where
- India, with expansion aims in GIFT City
- Why
- To augment IIHL's para banking portfolio with Asset Management and establish a global financial (BFSI) powerhouse by 2030.
- Joint Venture Formed
- IndusInd International Holdings (IIHL) and Invesco
- IIHL Stake
- 60% in Invesco Asset Management Co
- Goal
- To be a global BFSI powerhouse by 2030
- Invesco AMC's Current Ranking
- 16th largest domestic asset manager in India
- Invesco AMC AUM (Sept)
- Rs 1.48 lakh crore
- IIHL Distribution Network
- Over 11,000 touchpoints, serving 45 million customers