New York Life Investments publishes its ESG report

NEW YORK, September 21, 2022 /PRNewswire/ — New York Life Investments today released its first-ever Environmental, Social and Governance (ESG) report. This comprehensive report highlights the activities and achievements of the company and its affiliated boutiques, shows how ESG is integrated into investment processes, and defines New York Life Investments’ commitment to people, climate and responsible investing.

The report is centered on the concept of “progress, together” and is aligned with three fundamental beliefs:

  • We believe it is our responsibility to consider material ESG factors when making investment decisions.
  • We believe that collective climate action is an investment in future generations.
  • We believe investing in people and communities will drive innovation, progress and growth.

The report contains examples of progress and initiatives and their wider effect on the communities we serve. The report also presents the collective achievements and activities of New York Life Investments and the individual contributions of each of its boutiques: Apogem Capital, Ausbil, Candriam, MacKay ShieldsIndexIQ and NYL Investors, as well as minority shops Kartesia and Tristan.

From the opening letter sent by Antoine MalloyCIO of New York Life, and Yie Hsin HungCEO of New York Life Investment Management:

As ESG rules and standards continue to develop, we are moving forward by engaging with our clients, issuers and peers to identify risks, collaborate on solutions and share new learnings and best practices. Our multi-boutique model has allowed us to exchange views and ideas globally, and it enables New York Life Investments to pursue its goal of being an industry leader in ESG and help move towards a more sustainable future.

This is a new era in investment management, and it will be shaped by the actions we take. We’re excited to show you the progress each member of the New York Life Investments boutique family has made, and we hope it inspires you to think about the steps you can take to contribute as well. »

New York Life Investments continues to support a more sustainable future while focusing on the needs and goals of its clients, fulfilling their fiduciary duty as prudent custodians of clients’ capital.

About New York Life Investments

With over 700 billion dollars of assets under management* at December 31, 2021New York Life Investments includes the global asset management affiliates of its parent company, New York Life Insurance Company (New York Life), and provides clients with access to expert, independent investment teams through its family of affiliated boutiques. To view New York Life’s 2020-2021 ESG Report, please visit here.

*Understand $682 billion assets under management (AUM) and $25 billion Assets Under Watch (AUS) of New York Life Insurance Company Affiliated Investment Advisors other than Kartesia and Tristan Capital Partners, as of 12/31/21. The AUM is declared in USD. AUMs not denominated in USD are converted at the spot rate on 31/12/21. The sum of each store’s AUM is greater than the reported AUM for total asset management due to intercompany advisory/sub-advisory agreements where the same assets may be counted by more than one store.

“New York Life Investments” is both a service mark and the common trade name of certain investment advisors affiliated with New York Life Insurance Company.

Media contacts:

Allison Scott

Sara Guenoun

New York Life Insurance Company

(212) 576-4517

New York Life Insurance Company
(212) 576-4757

[email protected]

[email protected]

SOURCE New York Life Investments

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