After getting the approval of SEBI, Jio blackRock mutual fund introduces the Aladdin platform.
Jio BlackRock Mutual Fund, a 50:50 joint venture (JV) between Jio Financial Services and BlackRock, has launched Aladdin, BlackRock advanced investment analytics and risk management platform in India after SEBI has approved the launch of the same in India.
BlackRock last month was authorized by SEBI to manage assets as Jio BlackRock Mutual Fund and on Monday it launched Aladdin, special software made by BlackRock that makes investment analysis and risk management.
Jio BlackRock Asset Management Pvt Ltd Jio BlackRock Asset Management is a joint venture between Jio Financial Services Ltd (JFSL) and the US firm BlackRock.
On its X platform, the company stated that investing ought to be easy and accommodate personal requirements. It is this concept that united Jio Financial Services and BlackRock. They combined Jio digital-first philosophy and BlackRocks experience in the international market, to create products that Indian investors desire.
Aladdin is the 1st one and unique investment and risk tool of blackrock which is now available in India.
The company explained that this is only the beginning of their mission to transform investing making it simple and super cheap. They referred themselves as Jio BlackRock Mutual Fund.
SEBI provided registration in May 26, 2025 to Jio BlackRock Mutual Fund and authorized Jio BlackRock Asset Management Pvt Ltd to operate the fund.
Prior to that, on October 29, 2024, the company had incorporated two new companies- Jio BlackRock Asset Management Pvt Ltd and Jio BlackRock Trustee Pvt Ltd to operate the mutual fund business pending regulatory approval.
No comments:
Post a Comment