But when portfolios are not cap-weighted, green-oriented investments do better, the firm finds.

The Québecois pension fund increased its green asset investments by C$29 billion over five years.

The two pension plans will receive more than $300 million in SFA relief.

Laura Kelly neither vetoes nor signs bill, permitting its implementation despite ‘reservations about the potential unforeseen consequences.’

A report from environmentalists knocks the two asset managers for investing heavily in fossil fuel companies, despite their pro-ESG stances.