New Delhi, Nov. 2 -- IndusInd Bank's promoter, IndusInd International Holdings Limited (IIHL), and Invesco Limited have completed the formation of their joint venture for the asset management company (AMC) as of 2 November. IIHL and Invesco Limited will now serve as the sponsors of Invesco Asset Management Company India.

The formation of the joint venture follows IIHL's 60% acquisition of Invesco Asset Management Company India, with Invesco Limited retaining the remaining 40%. A sponsor is the principal entity backing an AMC.

The AMC will continue to operate under its existing management team led by Saurabh Nanavati, chief executive of Invesco Asset Management Company India.

As of September 2025, Invesco Asset Management Company India ...