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By Mathew Carr

May 8, 2018 at 4:00 AM UTC

Updated on

May 8, 2018 at 8:00 AM UTC

This article is for subscribers only.

Donald Trump may think climate change is a hoax, but investors managing some $30 trillion of assets are increasingly prodding the world’s biggest polluters to come up with stronger green strategies.

HSBC Global Asset Management and Legal & General Group Plc are among the 250 wealth managers in a group known as the Climate Action 100+ that are asking the companies they own to bring their investment programs in step with the Paris Agreement on limiting global warming.