Religare-Invesco targets offshore market
The firm is launching a feeder fund into its JV partner’s pan-European equity fund, while its is also focusing on sub-advisory for pending India-focused Invesco products internationally.
Indian firm Religare Invesco Asset Management is set to launch its first fund-of-funds this week feeding into a pan-European equity fund of its joint-venture partner.
Religare Invesco’s CEO, Saurabh Nanavati, tells AsianInvestor the $2.2 billion fund house will be advancing a two-pronged global strategy this year: promoting its Indian expertise overseas as well as Invesco’s global capabilities in the domestic market.
“Our team has spent much of last year building the brand name …
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