Latest news with #JioBlackRockAssetManagement
Time of India
a day ago
- Business
- Time of India
Jio BlackRock MF provies early access to investors through digital investment platform
Mumbai: JioBlackRock Asset Management, the 50:50 joint venture between Jio Financial Services and BlackRock, has announced the appointment of its leadership team and launched a website offering early access to its digital-first investment platform. The company is preparing to enter India's asset management market after receiving regulatory approval on May 26 to begin mutual fund early access initiative allows prospective investors to preview the firm's value proposition and engage with educational content on the basics of investing. Registered users will also gain access to the investment platform once it is launched. The initiative aims to familiarise investors with the firm's digital-first model, focused on accessibility and ease of use. Managing Director and CEO Sid Swaminathan said, 'This is a milestone moment for JioBlackRock Asset Management. The leadership team is working hard on our value proposition of innovative products at competitive and transparent pricing.' He said the company would launch a range of offerings in the coming months, including those that apply BlackRock's data-driven investing capabilities. The leadership team brings together experience across asset management, digital strategy, and product design. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo According to the company, its approach will combine BlackRock's global investment expertise with Jio's digital reach to offer cost-efficient and accessible investment solutions. Swaminathan, who previously headed international index equity at BlackRock and oversaw $1.25 trillion in assets, was appointed CEO following regulatory clearance. He also led fixed income portfolio management for Europe, with a focus on systematic and indexed aims to serve a wide investor base by offering educational content and user-friendly tools, in line with the broader objective of expanding financial inclusion. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Gazette
a day ago
- Business
- India Gazette
JioBlackRock Asset Management launches exclusive early access initiative, introduces website and announces leadership team
(Maharashtra) [India], June 9 (ANI): Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited and BlackRock, announced on Monday the appointment of its executive leadership team, the launch of its website, and an exclusive early access initiative. JioBlackRock Asset Management's leadership team brings together asset management experience, digital innovation and customer-centric product design. According to a company statement, the team is set to deliver JioBlackRock's mission to transform investing in India by making it more accessible and affordable for millions of people. Sid Swaminathan, Managing Director and CEO of JioBlackRock Asset Management, said: 'This is a milestone moment for JioBlackRock Asset Management. The leadership team is working hard on our value proposition of innovative products at competitive and transparent pricing.' 'Over the coming months, JioBlackRock Asset Management intends to launch a range of investment products, including those that apply BlackRock's industry-leading capabilities in data-driven investing,' Swaminathan added. JioBlackRock Asset Management also announced an early access initiative on its website. The initiative invites individuals to register their interest in JioBlackRock Asset Management's digital-first offering. Participants gain a preview of the company's value proposition and begin engaging with its educational content. Upon signing up, they can access materials covering the fundamentals of investing and further functionality that will allow them to invest once the offering is launched. The statement added that it empowers individuals with the knowledge to make informed investment choices. On May 26, 2025, Jio BlackRock Asset Management Private Limited received regulatory approval from the Securities and Exchange Board of India (SEBI) for its mutual fund business to commence operations. Sid Swaminathan was appointed as the Managing Director and Chief Executive Officer. With over 20 years of asset management experience, Sid was most recently Head of International Index Equity at BlackRock, where he was responsible for an AUM of USD 1.25 trillion. He previously led Fixed Income Portfolio Management for Europe, specialising in systematic and indexed strategies. (ANI)
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First Post
a day ago
- Business
- First Post
JioBlackRock Asset Management Co launches early access program, new website
Through the early access program, users can register on the company's website to preview its digital offerings. The platform will offer educational material on investment basics and share updates on upcoming products read more JioBlackRock joint venture has launched its website and has rolled out an early access initiative. Agencies JioBlackRock Asset Management, a joint venture between Jio Financial Services and US-based investment giant BlackRock, has launched its official website and an early access program for users ahead of the rollout of its digital investment platform. The firm, structured as a 50:50 partnership, also unveiled its leadership team on Monday (June 9), naming Sid Swaminathan as Managing Director and CEO. Swaminathan previously led BlackRock's International Index Equity division and managed $1.25 trillion in assets. STORY CONTINUES BELOW THIS AD What the early access program offers Through the early access program, users can register on the company's website to preview its digital offerings. The platform will offer educational material on investment basics and share updates on upcoming products. Registered users will be able to invest once the platform goes live. Swaminathan said, 'This is a milestone moment for JioBlackRock Asset Management. The leadership team is working hard on our value proposition of innovative products at competitive and transparent pricing. Over the coming months, JioBlackRock Asset Management intends to launch a range of investment products, including those that apply BlackRock's industry leading capabilities in data-driven investing.' More from Business How Indian fintech startups are driving Malaysia's UPI-like digital payments revolution Sebi gives final approval to JioBlackRock The Securities and Exchange Board of India (SEBI) granted final approval to JioBlackRock on May 26 to commence mutual fund operations. In-principle approval was given in October 2024. The partners had incorporated Jio BlackRock Asset Management Private Limited and Jio BlackRock Trustee Private Limited that same month, pending regulatory clearance. The new asset management firm aims to make investing more accessible and affordable for Indian consumers by leveraging Jio's digital infrastructure and BlackRock's global investment expertise. The company said it will focus on offering data-driven, competitively priced investment products as part of its upcoming launch. Disclosure: Firstpost is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Yahoo
28-05-2025
- Business
- Yahoo
Jio BlackRock secures approval to launch mutual fund business in India
Jio BlackRock Asset Management has secured approval from the Securities and Exchange Board of India (SEBI) to initiate its mutual fund operations in India. This development allows the firm to operate as an investment manager, targeting both retail and institutional investors within the Indian market. In 2023, BlackRock and JFSL announced a 50:50 joint venture (JV), Jio BlackRock, leveraging the strengths and brands of both companies. The company aims to introduce investment solutions tailored to the increasing demand from Indian retail mutual fund investors. The asset management firm plans to utilise the combined strengths of its two parent companies, including Jio Financial Services Limited (JFSL), which offers digital reach and local market insights, and BlackRock that provides advanced risk management technologies. JFSL non-executive director Isha Ambani said: 'India's rapid growth is driven by a new generation with bold aspirations. Our partnership with BlackRock is a powerful combination of global investment expertise and Jio's digital-first innovation.' The collaboration is expected to provide investors with competitive pricing and transparent offerings, supported by BlackRock's risk management capabilities, including the Aladdin platform. This proprietary technology integrates the investment management process through a unified data language. Jio BlackRock Asset Management intends to focus on a digital-first approach for retail investors, aiming to launch a variety of investment products in the near future. In conjunction with this announcement, the company has appointed Sid Swaminathan as managing director and CEO. Swaminathan has more than 20 years of experience in asset management, having previously held the position of head of international index equity at BlackRock, where he managed assets worth $1.25tn. Swaminathan said: 'JioBlackRock Asset Management aims to digitally deliver institutional quality investment products to investors across India and contribute to the growth of the country's investment ecosystem.' "Jio BlackRock secures approval to launch mutual fund business in India" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Time of India
28-05-2025
- Business
- Time of India
Best short duration mutual funds to invest in May 2025
Short duration mutual funds invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, among others. According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk compared to medium duration and long-term funds. Also Read | Nifty up 13% from April's low. How should mutual fund investors alter their investment strategy? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » These schemes invest in both short term bonds and very short term instruments. They invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, etc. In short, if you are looking for debt schemes to invest for one to three years without much volatility, you may check out short duration funds. However, make sure to choose schemes that do not take extra risk for extra returns. Safety should be your prime concern when it comes to debt investments. Live Events There is no change in the list. All recommended schemes have performed well. Follow our monthly updates to keep track of the performance of your schemes. Also Read | JioBlackRock Asset Management receives SEBI approval to commence mutual funds business Best short duration funds to invest in May 2025 HDFC Short Term Debt Fund ICICI Prudential Short Term Fund Axis Short Term Fund Methodology: has employed the following parameters for shortlisting the debt mutual fund schemes. 1. Mean rolling returns: Rolled daily for the last three years. 2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H. i)When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to forecast. ii)When H <0.5, the series is said to be mean reverting. iii)When H>0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series 3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure. X =Returns below zero Y = Sum of all squares of X Z = Y/number of days taken for computing the ratio Downside risk = Square root of Z 4. Outperformance: Fund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the fund. Asset size: For debt funds, the threshold asset size is Rs 50 crore
