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Invesco Hits Wall on MF Street, may Exit

Invesco Hits Wall on MF Street, may Exit
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India , United-states , Japan , Sebi , Kagoshima , Mauritius , Nippon , American , Indusind-invesco , Hemendra-kothari , Morgan-stanley , Goldman-sachs

Invesco plans to exit MF business in India

IIHL - the Mauritius-based investment company of the mobility-to-chemicals conglomerate that owns IndusInd Bank and Anil Ambani-promoted Reliance Capital, which it bought recently in a bankruptcy resolution - has valued Invesco Asset Management India at Rs 2,100-2,500 crore.

Mauritius , Mumbai , Maharashtra , India , United-states , Japan , Sebi , Kagoshima , American , Nippon , Indusind-invesco , Hemendra-kothari