Jio Financial: Jio Financial Services, BlackRock to launch asset management venture – Times of India

[ad_1] MUMBAI: Jio Financial Services, part of billionaire Mukesh Ambani-led Reliance Group, and US based BlackRock Inc will form a 50:50 joint venture to launch asset management services in India. The two companies are targeting an initial investment of $150 million each in the joint venture, Jio Financial said in a release on Wednesday.The announcement … Read more