“Mark will expand on Brookfield’s existing strengths in ESG investing with the development of a group of funds that will work to combine positive social and environmental outcomes with strong risk-adjusted returns for investors,” the company said in a statement.
Carney is also the United Nations Special Envoy for Climate Action and Finance, and took a keen interest in environmental issues while at the BoE.
Brookfield has around $550 billion of assets under management and is listed on the New York and Toronto stock exchanges.
Source: Economy - investing.com
