Brookfield, Resolution Join Fund Managers Riding Green Investment Rebound

US President Donald Trump may just have dubbed climate change the “greatest con job,” but there’s growing evidence that energy transition investments are enjoying a revival.

Brookfield Asset Management said on Tuesday that it had raised $20 billion for the world’s biggest private fund dedicated to the clean-energy transition. That coincided with an announcement from Resolution Investors LLP that it had launched a global equity climate fund targeting $1 billion within a few years.