Housing secretary Michael Gove has urged investors including BlackRock and Vanguard to put pressure on cladding firms to cover costs arising from fixing unsafe buildings.
Gove has written to shareholders of cladding companies Kingspan, Arconic and Saint-Gobain, asking them to help push the manufacturers to fund the post-Grenfell building safety programme.
The government has so far secured more than £2bn of commitments from 46 developers and housebuilders to address building safety issues identified after the Grenfell Tower fire in 2017.