Invesco Asset Management Plans Major Expansion After Ownership Transition
Invesco MF sets expansion roadmap post ownership transition, eyes GIFT
Business Standard
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Invesco Asset Management (India) is set to expand significantly following a recent ownership transition, aiming to increase its distribution network from 40 to over 90 cities this year. The firm, now a joint venture with IndusInd Holdings, is also planning to launch new products and strengthen its presence in tier-II and tier-III markets.
- 01Invesco Asset Management aims to expand its distribution network significantly.
- 02The firm plans to increase its presence from 40 to over 90 cities this year.
- 03Invesco has applied for a GIFT City licence to enhance its operations.
- 04The focus will remain on active equity offerings while expanding into passive investments.
- 05Average assets under management have grown nearly four-fold to ₹1.4 trillion.
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Invesco Asset Management (India) is embarking on a major expansion following its ownership transition, with IndusInd Holdings acquiring a 60% stake in November 2025, while US-based Invesco retains 40%. Managing Director and CEO Saurabh Nanavati announced plans to increase the firm's distribution network from 40 cities to over 90 cities this year, with a long-term goal of reaching 150-200 cities, particularly in tier-II and tier-III markets. The firm has also applied for a GIFT City licence, which is expected to be granted this year. Invesco is building a dedicated passive investment team and preparing to launch products under the Specialized Investment Fund (SIF) framework, while maintaining its emphasis on active equity offerings. The firm has seen a significant increase in average assets under management, rising nearly four-fold to ₹1.4 trillion in the January-March 2026 period, reflecting its strong performance and consistent investment process.
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This expansion will enhance investment opportunities for individuals in tier-II and tier-III cities, potentially increasing access to financial products and services.
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