JioBlackRock AMC: Rob Goldstein Sees Millions of Customers in India's Capital Markets

• Rob Goldstein, BlackRock COO, believes JioBlackRock AMC can reach millions of Indian customers, citing India's scale and capital market expansion potential.
• He emphasized that India's mutual fund industry, currently under a trillion dollars, needs significant growth, indicating the opportunity is just beginning.
• Goldstein highlighted the need for more Indians to enter capital markets and benefit from compounding returns, envisioning widespread participation in the coming years.
• He noted that while India excels in technology-led personalization in consumer economy, financial services and asset management have lagged.
• The opportunity lies in technology-driven personalized investing, aligning portfolios with individual goals like retirement, supported by automated tools.