Pension fund assets accounted for $533 billion, or 89% if the total while asset management firms investing funds under SRI mandates represented about $48 billion or 8% of the total. Retail investment funds totalled $13.5 billion, about 2% of the market.
“Consistent with the findings of this report, we see steady growth in interest about responsible investment among Canadian clients and investment managers,” says Jane Ambachtsheer, a Partner with Mercer. “We expect to see more discussion of instances where environmental, social and governance inputs improve risk-adjusted returns. We encourage managers to pro-actively share such examples, as is happening in the major financial markets around the world.”
For more details, the SIO has posted its news release and the report on its recently revamped web site.