Brad Lander Recommends New York Pension Funds Ditch BlackRock

New York’s largest pension manager is facing a show of no confidence. Outgoing Comptroller Brad Lander has recommended that the city drop BlackRock because it’s not doing enough to factor...

By Olivia Raimonde, Zahra Hirji, Lauren Rosenthal · Bloomberg

New York’s largest pension manager is facing a show of no confidence. Outgoing Comptroller Brad Lander has recommended that the city drop BlackRock because it’s not doing enough to factor climate into its investment strategies.