{"id":85417,"date":"2023-07-27T02:01:12","date_gmt":"2023-07-27T06:01:12","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85417"},"modified":"2023-07-27T01:57:43","modified_gmt":"2023-07-27T05:57:43","slug":"blackrock-returns-to-india-joining-forces-with-indian-tycoon-mukesh-ambanis-financial-arm","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2023\/blackrock-returns-to-india-joining-forces-with-indian-tycoon-mukesh-ambanis-financial-arm.html","title":{"rendered":"BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani\u2019s financial arm"},"content":{"rendered":"\n<p>(CNBC) BlackRock has joined forces with the financial services arm of India\u2019s tycoon Mukesh Ambani in what\u2019s been referred to as a \u201cmajor move.\u201d This paves the way for the world\u2019s largest money manager\u00a0to gain a foothold into the country\u2019s fast growing asset management market. BlackRock, <a rel=\"noreferrer noopener\" href=\"https:\/\/s24.q4cdn.com\/856567660\/files\/doc_financials\/2023\/Q2\/BLK-2Q23-Earnings-Release.pdf\" target=\"_blank\">which had $9.4 trillion assets under management at the end of June<\/a>, together with Jio Financial Services, each plan to invest up to $150 million in the 50-50 venture.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/07\/27\/blackrock-returns-to-india-joins-forces-with-tycoon-ambanis-jio-financial.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) BlackRock has joined forces with the financial services arm of India\u2019s tycoon Mukesh Ambani in what\u2019s been referred to as a \u201cmajor move.\u201d This paves the way for the world\u2019s largest money manager\u00a0to gain a foothold into the country\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85417","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85417"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85417\/revisions"}],"predecessor-version":[{"id":85418,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85417\/revisions\/85418"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}