In its latest filing under section 30 of the Capital Markets Act, BlackRock, Inc. disclosed that it now holds 6,698,804 shares of Pandora A/S, lifting its ownership to 8.47% of the company’s outstanding stock. The increase follows a series of incremental purchases made between January and March 2026, during which BlackRock acquired roughly 1.2 million shares. This elevated position places BlackRock among Pandora’s top three shareholders and underscores the asset manager’s confidence in Pandora’s long-term growth prospects, despite the jewellery brand reporting 6% organic revenue growth for fiscal 2025, slightly below its 7–8% guidance range.

At a financial industry summit in Mumbai on February 3, 2026, BlackRock CEO Larry Fink declared that the 'Era of India' has arrived and urged local investors to align their portfolios with the nation’s projected 6.5% GDP growth in 2026. Fink highlighted that BlackRock’s Asia Pacific assets under management have grown 22% year-on-year to $1.2 trillion, of which approximately $48 billion is allocated to India-focused equity and fixed income strategies. He announced the launch of two new India bond funds and the expansion of local operations from three to five city offices, supported by the recent hiring of 120 relationship managers across Mumbai, Delhi, Bengaluru, Chennai and Hyderabad.

Building on its increased regional commitment, BlackRock has entered into a joint venture with Reliance Capital to develop digital wealth solutions for retail clients, aiming to onboard 500,000 new investors over the next 18 months. The partnership will leverage BlackRock’s iShares ETF platform and Reliance’s distribution network of more than 8,000 branches. During the joint announcement, Reliance Chairman Mukesh Ambani endorsed Fink’s vision, noting that India’s startup culture and rising household savings rate – which climbed from 13.1% in 2020 to 18.4% in 2025 – present a fertile environment for asset managers seeking scale.