BlackRock's private-credit arm and major lenders accuse Indian-origin CEO of fabricating invoices and customer records in massive scheme
Talking about the role technology can play on concerns over mis-selling in newer products like Systematic Investment Facilities (SIFs) and Micro SIPs, Swaminathan said technology can be leveraged for both real-time surveillance and investor-level personalisation.
JioBlackRock has so far launched three cash management funds and five index funds, described as portfolio building blocks. The Flexi Cap Fund is its first active equity offering, with more active and passive strategies, including ETFs, planned in the coming months.
BlackRock’s woes in Asia underscore the ongoing challenges facing the global $1.7 trillion private credit market
The BlackRock–Jio joint venture is gearing up for a long innings in Indian investing, CEO Sid Swaminathan has said.
The main thing retail investors need, if they are to benefit from alternatives, is much lower fees
The initiative by Jio BlackRock invites individuals to register their interest in the AMC's digital-first offering, which will offer a preview of the value proposition as well as educational content.
Sid Swaminathan appointed as MD & CEO of the new asset management company
With Nuvama’s investment providing capital, the company is looking to unlock further value across its fintech and identity services businesses, while also improving its balance sheet and funding long-term growth.
According to analysts, the involvement of BlackRock serves as a significant stamp of approval for the Adani Group at a time when the conglomerate is under scrutiny abroad.
The world's largest asset manager has launched its 'iShares Bitcoin ETP', according to a BlackRock product page online
Political pressure is growing over CK Hutchison's $19 billion sale of Panama ports to BlackRock, with China and Hong Kong authorities raising concerns about US influence and regulatory approval
The deal, which will hand the seller $19 billion, reflects an extraordinary confluence of Trump’s America First vision and Wall Street’s globe-spanning quest for profit
BlackRock and Citadel are reportedly in talks to acquire $750 million of Adani Group's debt for refinancing
JFSL and BlackRock have made an initial investment of Rs 82.5 crore each in this entity
Assets managed by the New York-based company increased to $11.55 trillion from $10.01 trillion a year earlier and $11.48 trillion in the third quarter.
Chinese state-sponsored hackers breached the US Treasury Department’s IT systems, South Korean President Yoon Suk Yeol faces arrest; here's a look at some of the major developments from across the world.
Talks are advanced and the parties are looking to reach an agreement as soon as the coming weeks, the people said, adding that other bidders remain interested in potentially buying a stake.
Millennium, one of the world’s largest hedge funds, has never sold a portion of its business to a third party. The firm has backed smaller hedge funds.
BlackRock's iShares A.I. Innovation and Tech Active ETF will invest in global AI and technology stocks across market capitalizations
India has been a bright spot for private credit in Asia, with global firms like Apollo Global Management, Cerberus Capital Management LP and Varde Partners stepping up their operations, lured by the increased funding needs of local firms.
Assets managed by BlackRock shot up to $11.48 trillion in the third quarter, up from $9.10 trillion a year earlier and $10.65 trillion in the second quarter
The final approval for registration will be granted by SEBI subject to fulfillment by the Company and BlackRock of the requirements set out in the said letter, Jio Financial said
Private credit investments in India in the the first six months of 2024 soared to an all-time high of $6 billion, according to a recent report by EY.
Jio Financial Services in a stock exchange filing disclosed that the company will invest Rs 3 crore towards the initial subscription of 30,00,000 equity shares, each with a face value of Rs 10.