Thank you for that very good answer.
I will move on to something else. While your office's only criterion is performance, many funds incorporate ethical criteria into their investment strategy. Not only do ethical funds not underperform financially, but by limiting negative externalities, they bring benefits to society.
Your office could, like the Caisse de dépôt et placement, consider the benefits of these investments for society, for example. In this regard, would it take a legislative change to ensure that the billions you manage are also used for economic development?
We can also think about speeding up the green shift. As a first step, would you consider an environmental audit of your investments? You could for instance integrate climate change awareness into your investments, or you could assess the impact of your investments on CO2 emissions.