T. Rowe Among Signatories to Resurrected Net Zero Alliance (1)

A net zero alliance for asset managers has resurrected itself after shelving its work last year amid a wave of US defections.

The Net Zero Asset Managers initiative now has more than 250 signatories, including Aberdeen Investments and Amundi SA, as well as the European and UK entities of T. Rowe Price Group Inc.and Wellington Management, according to a statement on Wednesday.

NZAM suspended its operations in January 2025, announcing at the time that it would conduct a review to ensure it remained “fit for purpose.” That decision coincided with a mass exodus from net zero ...