NYC Comptroller reviews BlackRock and State Street mandates in $87bn portfolio shakeup
The Office of the New York City Comptroller is reviewing its passive equity mandates managed by BlackRock and State Street in an $87bn portfolio overhaul
US
A view from the US: partnership, not product, is key to successful sustainable allocations
With the global climate investment landscape becoming increasingly polarised, strategic partnerships and bespoke mandates are the way forward argues Max Messervy, founder and principal of Oakledge Advisors, a consultancy supporting institutional asset allocators and managers on sustainable investment.
Do the right thing: NYC Comptroller CIO on climate returns and manager accountability
Monte Tarbox, the new CIO for the New York City Comptroller, sets out his vision on climate investing for the systems
Rest backs US data centre investment linked to $3bn Net Zero Fund
The Australian pension fund is the largest investor in Quinbrook’s Net Zero Power Fund
Investors brace themselves for a future of higher oil prices
With the global economy set to face 'the biggest energy crisis in history' investors remain divided over the long-term fallout of the closure of the Strait of Hormuz
Whispered truths: how climate capital allocators are revising their private markets playbook
Capital allocation and manager selection are more rigorous than ever before, new study shows
NYCERS reports sharp drop in emissions as it tightens scrutiny on manager alignment
The New York City Employees’ Retirement System (NYCERS) says it has made significant progress toward its net zero by 2040 target, it is now turning its attention to manager alignment as a key lever for further reductions
Demand for sustainable investment strategies rising on the back of long-term performance
A survey from Morgan Stanley shows performance and private market opportunities are shaping investor interest in sustainable investment
LGPS funds face £8bn private markets loophole to fossil fuel divestment pledges
While many of the UK’s LGPS funds have pledged to divest from fossil fuels, they continue to fund oil and gas through their private market holdings, an investigation has revealed
TotalEnergies abandons US offshore wind, redirects $1bn to oil and gas
French energy major Total Energies has abandoned its offshore wind plans in the US and is instead planning to expand investments in LNG, follwing an agreement with the Trump administration
“Undemocratic hall pass”: SEC sued over no-action request rule change
Plaintiffs argue the SEC adopted policy changes without the legally mandated process
‘Renewable energy stocks outperformed oil and gas’, Goldman Sachs tells Oregon’s $101bn public pension fund
The advice fed into a meeting convened by Oregon Investment Council to review the Public Employees Retirement Fund’s investment outlook
Chubb faces lawsuit over excluded climate proposal
Shareholder advocacy group As You Sow has filed a lawsuit against global insurance giant Chubb Limited after it excluded a climate-related proposal from its 2026 proxy materials