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BlackRock remains 'misaligned' with NYC pension climate expectations, fund says

BlackRock still fails to satisfy 'net zero' expectations set by a group of New York City pension funds, months after the city's chief financial officer recommended replacing the asset manager on a major US equities mandate, the funds said.

Largest NYC social bond almost six-times oversubscribed

New York City (NYC) has raised $820 million from its largest ever social bond, with the orderbook almost reaching $5 billion.

NYC readies largest social bond issuance

New York prepares second $700m social bond

The City of New York is planning in October to raise $700 million from its second social bond, which will be used to build 4,500 affordable homes in the city.

NYC funds file diversity disclosure proposal at NextEra Energy