This research examines "reverse capture", where government actors pressure large asset managers to advance political agendas. It analyses how expanding presidential power and market concentration enable this dynamic, using the ESG retreat as an illustration. The authors recommend narrowing fiduciary duties to insulate investment stewardship from political interference.

This report examines implicit and explicit LLM biases in investment management. Through a case study on framing bias across nine OpenAI models, it identifies significant sensitivities in drawdown and client retention scenarios. It concludes that manual prompt restructuring and human-in-the-loop protocols are the most effective mitigation strategies.

This benchmark series examines the climate-related investment policies and actions of institutional investors in Aotearoa New Zealand. It monitors progress in embedding climate risks into financial decision-making, target setting, and investment in climate solutions, providing transparency and accountability across the local investment sector.

This research outlines foundations for a scalable First Nations investment market in Australia. It identifies systemic barriers and proposes a theory of change focused on representation, systems alignment, and capital flows. The report recommends embedding cultural authority into governance and utilising blended finance to support First Nations economic self-determination.

This report outlines a multi-stakeholder framework to accelerate funding for a sustainable ocean economy. It provides specific recommendations for financial institutions, insurers, and governments to manage systemic risks and mobilise the estimated one trillion dollars in additional finance required by 2030 to meet global climate and biodiversity targets.

Lead generation in Australia's digital economy has become a significant source of consumer harm, involving the harvesting of contact details for sales pitches. This report examines manipulative practices that manufacture consent to avoid consumer protections, highlighting the $1 billion loss from the First Guardian and Shield Master Funds collapse.

A directory of New Zealand wholesale impact investment funds targeting social and environmental goals. It identifies specialist managers across climate solutions, affordable housing and renewable infrastructure.

This report examines how diverse capital providers collaborate to achieve systems change. It identifies catalytic capital as a pivotal tool for de-risking investments and mobilising private funds. Key findings highlight the necessity of trust, long-term partnerships, and shared metrics to overcome structural barriers and address the $4 trillion SDG financing gap.

The UDB Currency Risk-Sharing Facility manages foreign exchange risks for climate lending in Uganda. By combining partial hedging with tail-risk guarantees, it offers a cost-effective alternative to traditional instruments. This facility enables affordable local-currency financing while protecting the bank's balance sheet against significant Ugandan shilling depreciation.

This guidebook provides a structured framework for designing and financing climate change adaptation projects in India. It addresses barriers to private sector participation, offers methodologies for risk and impact assessment, and explores diverse funding mechanisms, including blended finance, green bonds, and catastrophe insurance, to bridge the significant adaptation funding gap.

This report explores financial markets as complex adaptive systems, advocating for modelling techniques like agent-based models and network theory. It highlights how these tools improve systemic risk analysis and portfolio management by capturing non-linear behaviours, herding, and interconnectedness, providing a framework for more resilient and adaptive global financial systems.

This benchmark series examines global asset owner attitudes and approaches to sustainable investment. It tracks adoption levels, thematic priorities, and perceived barriers across diverse regions and asset classes. The research provides factual insights into how sustainability factors are integrated into core investment practices, aiding portfolio construction and risk management.

This report examines India’s power sector transition from a credit perspective. It highlights the structural divergence between renewable and thermal assets, identifies bottlenecks in domestic debt markets, and recommends strategies to unlock large-scale financing, including the pivotal role of NTPC and the need for deeper institutional investor participation.

This report examines Indonesia’s sovereign wealth fund, Danantara, and its role in the energy transition. It highlights the fiscal risks of subsidy-dependent energy SOEs and recommends a strategic shift towards renewables. Drawing on global SWF experiences, it advocates for portfolio diversification to ensure long-term profitability and national energy security.

The Green Central Banking Scorecard is a benchmark series that ranks G20 central banks and financial regulators on their progress in integrating environmental considerations into their operations. It assesses institutions across research and advocacy, monetary policy, financial policy, and leading by example categories to encourage a just green transition.

This report examines the role of catalytic capital in Australia, exploring how flexible, risk-tolerant investment can mobilise private capital for social and environmental impact. It defines the current market, identifies barriers to growth, and provides case studies of successful deployment across philanthropic, government, and institutional sectors.