Where Will Brookfield Asset Management Be in 5 Years?

Brookfield Asset Management (NYSE: BAM) recently held its annual Investor Day. The leading global alternative asset manager laid out its five-year plan at that event. Here's a look at where it expects to be in 2030. Brookfield Asset Management is one of the largest alternative investment firms in the world. It has over $1 trillion in assets under management (AUM), including $560 billion of fee-bearing capital. That fee-bearing capital currently generates $2.6 billion of annual fee-related earnings. The company has more than doubled its business in the past five years (it had $277 billion in fee-bearing capital and $1.3 billion in annual fee-related earnings in 2020) despite returning over $130 billion in capital to clients. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool