Jio × BlackRock: A Deep Dive into India’s New Asset Management Powerhouse
In July 2023, Reliance-owned Jio Financial Services (JFS) and BlackRock, the world’s biggest asset manager, announced a 50:50 joint venture—Jio BlackRock Asset Management. Each committed approximately US $150 million, aiming to challenge India’s mutual fund landscape with digital-first solutions timesofindia.indiatimes.com+3youtube.com+3finance.yahoo.com+3economictimes.indiatimes.com+11blackrock.com+11reuters.com+11. Together, they hope to shift India from a saving society to a participative investing economy m.economictimes.com. 2. Regulatory Milestones a. […]
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