‘Fantastic’ Rally Exposes Trump’s Limits as Green Stocks Soar
Green equities have gained as investors bet demand for electricity will keep rising amid a broader electrification trend that favors renewables.
Photographer: David Paul Morris/BloombergThe manager overseeing Janus Henderson Investors’ flagship sustainable fund says there’s little to indicate that Donald Trump’s anti-green rhetoric will derail the rally gripping clean-energy stocks.
“Last year was a perfect example,” says Hamish Chamberlayne, head of global sustainable equities and a portfolio manager at Janus Henderson. “Everyone was worried” that Trump’s return to the White House would spell the end of renewables. Instead, “it was a fantastic year for renewable energy stocks,” he said in an interview.