Invesco

Invesco Perpetual concerned over BAE – EADS deal

Invesco Perpetual concerned over BAE – EADS dealInvesco Perpetual, which owns 13.3 per cent of BAE Systems, has publicly voices concerns over the proposed _ 35 billion merger with EADS.

The fund management firm said, "Other than diversification - which investors can achieve for themselves more cheaply and simply - Invesco does not understand the strategic logic for the proposed combination."

Invesco acquires 49% stake in Religare Mutual Fund for Rs 460 crore

ReligareInvestment management firm Invesco has purchased a 49 per cent stake in Religare Mutual Fund for nearly Rs 460 crore, subject to regulatory approval.

Religare Mutual Fund was created as a joint venture between Indian asset management firm Religare and Dutch financial services giant Aegon. But the Dutch firm sold its entire stake to the Indian firm and quitted the joint venture in 2009.




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