JioBlackRock: Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock* [NYSE: BLK], announces the appointment of its executive leadership team and the launch of its website along with an exclusive early access initiative.
JioBlackRock Asset Management’s leadership team brings together asset management experience, digital innovation and customer-centric product design. Together, 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 & 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.”
JioBlackRock Asset Management is also pleased to announce 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, as well as further functionality that will allow them to invest once the offering is launched.[1] It empowers individuals with the knowledge to make informed investment choices.
Notes to Editors
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, and Sid Swaminathan has been 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 $1.25 trillion. He previously led Fixed Income Portfolio Management for Europe, specializing in systematic and indexed strategies.
