Invesco Asset Management (India) Pvt. Ltd. (Mumbai, Maharashtra)

Invesco Asset Management (India) Pvt provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and non discretionary, non binding, non exclusive investment advisory services under portfolio management service. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Invesco Asset Management (India) Pvt: assets under management

The assets under management (AUM) of Invesco Asset Management (India) Pvt. Ltd. is $4.82 billion. The firm's AUM has grown by 23% since the beginning of its operation, and $4.82 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.12 billion in discretionary accounts and $1.71 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.54 million.

Invesco Asset Management (India) Pvt has custody of $197.58 million in cash and securities for 2,874 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in other assets form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Invesco Asset Management (India) Pvt. Ltd. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Tak Shing Lo serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Andrew Tak Shing Lo is investment companies with 40 clients and $1.69 billion of assets under management. Among the 10 most similar advisory firms, Invesco Asset Management (India) Pvt has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.82 billion for 577,303 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.

Invesco Asset Management (India) Pvt doesn't advise any private funds.

Careers at Invesco Asset Management (India) Pvt. Ltd.

The company employs 237 people that are either part- or full-time employees. 6 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Andrew Tak Shing Lo has been acting as President since 1 Mar 2013. Sanjay Tripathy joined the executive team most recently as the Independent Director.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 6 indirect owners.

Based in Mumbai, Maharashtra

The principal office where Invesco Asset Management (India) Pvt. Ltd. performs its advisory services is located at 2101 A, A Wing, 21 St Floor, Marathon Futurex,, Mumbai, Maharashtra, 400013, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 91 22 6731 0000 or by fax 91 22 2301 9422. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at invescomutualfund.com/.

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