July 12, 2016 / 4:06 PM / a year ago

CORRECTED-Brookfield raises $14 billion for global infrastructure fund

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(Corrects figure in first paragraph to US$ from C$)

TORONTO, July 12 (Reuters) - Brookfield Asset Management said on Tuesday it had raised $14 billion for its new global infrastructure fund, giving it a war chest to hunt for assets around the world.

Like many other global investors, the Canadian asset management firm views infrastructure as an increasingly attractive alternative to low-yielding government bonds and volatile global equity markets.

$1 = 1.3020 Canadian dollars Reporting by Matt Scuffham; Editing by Jonathan Oatis

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