New York Life Investments
Accounts
Contact Us
Insights
Insights Overview

FEATURED INSIGHTS

  • Global Markets
  • Investment Outlooks
  • Muni 360
  • Megatrends

INSIGHTS

  • Perspectives
  • Education
  • Events and Webinars
  • Portfolio Manager Insights

    

View All Insights
Investment Solutions
Solutions Overview

INVESTMENT SOLUTIONS

  • Mutual Funds
  • ETFs
  • Closed End Funds
  • Interval Funds
  • Variable Portfolios

     

View Product Performance
View Prices and Yields

ASSET CLASSES

  • Equities
  • Fixed Income
  • Municipal Bonds
  • Alternatives
  • Multi-Asset



Resources
Resources Overview

RESOURCES

  • Literature
  • Product Prospectuses and Reports
  • Tax Center
  • Investor Education
  • Preference Center
View All Resources
Building Looking Upwards

Literature

Access to our extensive library of product and market insights and materials.

Get the Latest
About Us
Who We Are Overview

WHO WE ARE

  • Our Business
  • Our History
  • Our Leadership
  • Our Portfolio Managers
  • Our Difference
  • Who We Serve
  • Global Boutiques
  • Sustainability
  • News
  • Careers

   

View All Who We Are
Our Business

Our Business

We remain committed to our clients through the diverse perspectives of our boutiques and a long-lasting focus on sustainable relationships.

Learn More
Accounts
Contact Us

Sustainable Investing

New York Life Investments views responsible investing1 as a holistic approach to evaluating risk and opportunity. As stewards of our clients’ capital, we take this responsibility seriously. 2 Learn how integrating responsible investment data can support your clients’ long-term goals.

Read the Insights
ESG Investing

Introduction

Introduction

What does sustainable investing1 mean to New York Life Investments?

Our multi-boutique family of asset managers - with solutions as diverse as the clients we serve - utilize a holistic approach in an effort to build better financial futures. As a fiduciary, our foremost responsibility is to act in the best interest of our clients. This means diligently evaluating relevant factors, which may include sustainability-related considerations, to meet client objectives of maximizing risk-adjusted returns. Each boutique applies its own data-driven approach to responsible investing, using these insights to identify opportunities, manage risk, and support the diverse objectives of our global client base.

   

A holistic approach to investment management

Recognizing how these factors relate to investment value can support efforts to unlock opportunity and thoughtfully manage risk. Across New York Life Investments, we believe that this holistic approach to investment management can deliver long-term value over the market cycle, effectively weathering short-term trends. As sustainable investing continues to evolve, we remain anchored by our fiduciary duty and aim to create lasting value for our clients.

1The terms “responsible investing” and “sustainable investing” are used interchangeably. They refer to an investment approach that considers sustainability-related factors alongside other factors. This approach may differ depending on materiality, strategy, asset class, or client preferences.

Featured Resources

View All Municipal Bond Resources
1 MIN VIDEO
January 5, 2021
Revenue Collections and the Municipal Market
Frances Lewis, MacKay Municipal Managers, explains how revenue collections will impact the municipal market.
Airport building with parked cars Phoenix Arizona 5 MIN READ
Liquidity Management: More Critical than Ever
MacKay Municipal Managers explain why liquidity management is more critical than ever in today's market.
Aerial view of railroad tracks 18 MIN PODCAST
May 19, 2020
Spotlight on Muni Bond ETFs
David Dowden, portfolio manager at MacKay Municipal Managers, discusses our actively managed muni bond ETFs and the current muni market.
Aerial water treatment plant tank 32 MIN PODCAST
July 30, 2020
Municipal Market Update with MacKay Municipal Managers
Benefits of insured munis, opportunities in today's market and the importance of active management.
Muni 360 Report

Why Taxable Municipal Bonds are Booming and How to Invest in Them

Get the Reprint

Get the Reprint

Future Returns: Insured Munis - With Bob DiMella and John Loffredo

Read More

Read More

Sustainability Report

Sustainability Report

   

2023 Sustainability Report

New York Life, our parent company, has a long history of investing in the future. Sustainability is inherent in its business as the company must be viable for the long term to be there for its policy owners. These values are shared by New York Life Investments and encompass our employees and the communities we serve.

At New York Life Investments, our mission is to empower clients to achieve their goals while building a better financial future. We invite you to explore the individual stories and achievements of each boutique as we navigate the evolving landscape.

View our Sustainability Report

   

2023 sustainability report

   

Education

Education

   

Continue Your Education

Join Candriam Academy, the world’s first free-to-access accredited training platform for ESG investing. As of December 2023, Candriam Academy has over 14,500 members across 79 countries and is now accessible in Japanese.

Take your learning a step further with our ESG Talks educational webinar series. Join industry experts and our community of learners to take stock of some of the most pressing economic, social and environmental issues of our time.

Become Certified Now
ESG Talks Webinar Series

   

Featured Insights

Why Integrate Climate into Your Investments?
Get insights from Candriam on why climate change is becoming increasingly important for institutional investors.
Investing in Natural Capital
Hear from Candriam on the challenges and opportunities of investing in Natural Capital.
Risks and Opportunities to Unlock Alpha Potential
At its core, sustainable investing is about using data to manage risks and identify opportunities, leading to the potential to unlock alpha in an investment portfolio.
Modern slavery: Is it time to move beyond the Modern Slavery Act?
From the desk of Ausbil—what impact has the Modern Slavery Act had on awareness and reduction of modern slavery?
Pitfalls and Opportunities in Small Company Governance
The experts at Ausbil weigh in on the issues smaller companies need to navigate when it comes to ESG.

Our Boutiques

Our Boutiques

Our Boutiques’ Approach to Sustainable Investing

New York Life Investments’ multi-boutique structure empowers each firm to leverage their deep expertise to offer solutions that best suit their clients, asset classes, and the regions they invest in.

Each boutique is a signatory to the United Nations’ Principles for Responsible Investment (PRI) and aims to incorporates ESG factors into investment decisions and stewardship activities where possible. 

nylinvestors

NYL Investors is a wholly owned investment subsidiary of New York Life and is responsible for managing the vast majority of New York Life’s General Account. NYL Investors became a PRI signatory in 2020 and remains committed to evolving its responsible investing practices and supporting the sustainability goals of the enterprise.

candriam

Candriam, a pioneer in sustainable and responsible investing for more than 25 years, is a global, multi-specialist asset manager headquartered in Luxembourg. A founding signatory of the UN PRI charter in 2006, the firm’s focus and dedication to drive progress and identify sustainable opportunities for investors is embedded in its name, which stands for Conviction AND Responsibility In Asset Management.

mackay

Founded in 1938, MacKay Shields LLC joined New York Life in 1984 and has grown to become a global asset management boutique focused on fixed income investing. MacKay Shields believes that consideration of financially material ESG factors can have an impact on long-term investment performance and, therefore, is a natural component of disciplined investment research that aims to deliver on client objectives across risk, return, and responsibility.

Apogem Capital (Apogem) is a leading, muti-strategy alternatives investor that offers investors access to the middle market’s growth engine through investments in established private companies and funds. Apogem’s focus on the middle market and emphasis on business building is strongly aligned with responsible investing principles. Across Apogem’s strategies, the consideration of responsible investing characteristics and sustainability risks and opportunities is integrated into our overall investment approach.

tristan

Tristan Capital Partners (Tristan) is a real estate investment management company headquartered in London, specializing in a range of property types across the UK and Europe. Tristan’s core values of performance, teamwork, partnership, trust, and integrity support the firm’s commitment to integrating sustainability standards and practices at the firm, fund, and asset level.

Ausbil Investment Management Limited (Ausbil) is a leading Australian investment manager. Established in 1997, Ausbil’s core business is the management of Australian and global equities for superannuation funds, institutional investors, master trusts, and retail clients. Ausbil maintains commitment to upholding human rights and preventing modern slavery risks across its investment portfolios.

Kartesia is a European investment management firm that specializes in financing small- and mid-market European companies. Led by the founding managing partners, the firm has offices across Europe and relies on a team of approximately 100 experienced professionals across investment and operating divisions to operate its business. Kartesia is committed to establishing market-leading responsible investment practices across its organization.

 

 

   


National and State-specific Strategies Across the Income and Risk Spectrum

This is a hypothetical illustration showing relative potential risk and yield. Risk based on standard deviation. *National muni tax-equivalent yield based on 40.80% tax level (37% highest federal tax bracket plus the 3.8% Medicare surcharge). CA and NY muni tax equivalent yield based on the blended rates derived from a top federal income tax rate of 37%, the 3.8% Medicare tax, top state income tax rates of 8.82% and 13.30% in New York and California, respectively. Past performance is no guarantee of future results, which will vary. All mutual funds are subject to market risk and will fluctuate in value. Corporate High Yield Bonds index is represented by the Bloomberg Barclays High-Yield Corporate Bond Index. The U.S. Corporate bond index is represented by the Bloomberg Barclays U.S. Corporate Bond Index. The U.S. Treasury index is represented by the Bloomberg Barclays U.S. 1-3 Year Government/Credit Index. The U.S. Aggregate bond index is represented by the Bloomberg Barclays U.S. Aggregate Bond Index.

   

   

   

   

   

   

   

2Sustainability Investing Risk Disclosure

All investments involve risk, including possible loss of principal. Strategies that incorporate sustainability-related factors may limit investment opportunities and could underperform strategies that do not consider such criteria.

There is no guarantee that sustainable approaches will be successful or achieve their intended goals. Sustainability-related factors are subject to interpretation, may vary across investment managers, and may not reflect the views or values of all investors.

Investors should consider whether a sustainable investment strategy aligns with their individual objectives and risk tolerance before investing.

   

GLOBAL BOUTIQUES GLOBAL BOUTIQUES
  • Apogem Capital
  • Ausbil
  • Candriam
  • Kartesia
  
  • MacKay Shields
  • NYL Investors
  • Tristan Capital Partners

      

CONNECT WITH US
Facebook  LinkedIn Twitter

      

Subscribe Subscribe

Sign up to get the latest on ideas and insights that matter most to you.

Subscribe Now

Contact the New York Life Ethics Hotline.
 


Investing involves risk, including possible loss of principal.



Consider the Funds' investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus include this and other information about the Funds and are available by visiting the Prospectus. Read the prospectus carefully before investing.



The strategies discussed are strictly for illustrative and educational purposes and are not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. There is no guarantee that any strategies discussed will be effective.



Securities distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, Member FINRA/SIPC.



“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.



The mutual funds may be offered and sold only to persons in the United States.



The products and services of New York Life Investments' boutiques are not available in all jurisdictions or regions where such provision would be contrary to local laws or regulations.


  • ©2025 New York Life Investment Management LLC. All rights reserved.
  • New York Life
  • Careers
  • Privacy and Other Regulatory Disclosures
  • Legal Notice
  • Customer Identification Notice
You are now leaving the New York Life Investments Web Site. You assume total responsibility and risk for your use of the site(s) to which you are linking.

The information being provided is strictly as a courtesy. When you link to any of the web sites provided herewith, you are leaving this site. Neither the Company, New York Life nor any of its subsidiaries, make any representations as to the completeness or accuracy of information that is provided at these sites. Nor are they liable for any direct or indirect technical or systems issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site.

Cancel Continue
  • Individual Investor
  • Financial Advisor
  • Retirement Specialist
  • Institutional Investor

Select your role

Please select your role so we can personalize the site to meet your needs