Brookfield Asset Management
BAM
Market cap $21.4B

51.05 USD

+0.77

1.53%

At close Oct 17, 4:00 PM EDT

1 day

1.53%

5 days

6.35%

1 month

12.07%

3 months

22.75%

6 months

30.80%

Year to date

31.47%

1 year

56.07%

5 years

57.56%

About: Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.

Employees: 2,400

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

96% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 48

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 157

10% more funds holding

Funds holding: 471 [Q1] → 517 (+46) [Q2]

1.57% more ownership

Funds ownership: 65.51% [Q1] → 67.08% (+1.57%) [Q2]

1% less capital invested

Capital invested by funds: $11.4B [Q1] → $11.3B (-$98.2M) [Q2]

47% less call options, than puts

Call options by funds: $22.2M | Put options by funds: $41.8M

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$40

22%

downside

Avg. target

$45

12%

downside

High target

$52

2%

upside

13 analyst ratings

6 positive

46%

5 neutral

38%

2 negative

15%

Wells Fargo Michael Brown 81% 1-year accuracy 21 / 26 met price target	6%downside $48	Underweight Maintained	9 Oct 2024
Goldman Sachs Alexander Blostein 90% 1-year accuracy 28 / 31 met price target	2%upside $52	Buy Maintained	30 Sept 2024
B of A Securities Craig Siegenthaler 83% 1-year accuracy 20 / 24 met price target	12%downside $45	Neutral Maintained	12 Sept 2024
Goldman Sachs Alexander Blostein 90% 1-year accuracy 28 / 31 met price target	8%downside $47	Buy Maintained	12 Sept 2024
Wells Fargo Michael Brown 81% 1-year accuracy 21 / 26 met price target	18%downside $42	Underweight Initiated	12 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about BAM published over the past 30 days

Invest $100,000 For An AI-Powered Dividend Snowball

Charlie Munger gave investors the key to setting themselves up for long-term financial success. Investing in AI can position your portfolio to achieve outsized long-term dividend growth and potentially even total returns. We detail how to build a dividend snowball powered by leading AI stocks.

Invest $100,000 For An AI-Powered Dividend Snowball

Brookfield Asset Management to Host Third Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) will host its third quarter 2024 conference call and webcast on Monday, November 4, 2024 at 10:00 a.m. (ET).

Brookfield Asset Management to Host Third Quarter 2024 Results Conference Call

Brookfield Oaktree Wealth Solutions Survey Highlights Investor Demand for Alternative Investments and Critical Role of Financial Advisors

New data from “The Alts Institute” provides key insights into the value of alternatives in end investor portfolios New data from “The Alts Institute” provides key insights into the value of alternatives in end investor portfolios

Brookfield Oaktree Wealth Solutions Survey Highlights Investor Demand for Alternative Investments and Critical Role of Financial Advisors

Bad News For High Yield Stocks

High-yield stocks have surged in recent months. However, recently, news hit that threatens to end the rally in much of the sector. We share which part of the high-yield space is likely going to benefit from this bad news, as well as how we are positioning our portfolio overall.

Bad News For High Yield Stocks

Proactive Investors

Brookfield Asset Management raises $2.4 billion for UAE-backed climate fund

Brookfield Asset Management (TSX:BAM, NYSE:BAM) has raised $2.4 billion for the Catalytic Transition Fund (CTF), a United Arab Emirates-based fund aimed at mobilizing capital for clean energy and transition projects in emerging markets. The fund, launched at COP28 with up to $1 billion of capital provided by ALTÉRRA funds, is targeting raising up to $5 billion.

Brookfield Asset Management raises $2.4 billion for UAE-backed climate fund

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA

Additional capital raised from CDPQ, GIC, Prudential and Temasek, among others Targeting up to $5 billion, anchored by $1 billion catalytic capital investment by ALTÉRRA BROOKFIELD, NEWS, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced an initial closing of $2.4 billion for the Catalytic Transition Fund (“CTF” or “the Fund”), marking a significant milestone towards the target of raising up to $5 billion for deployment towards clean energy and transition assets in emerging markets.

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA

Brookfield and Castlelake Complete Strategic Partnership Transaction

Brookfield Asset Management acquires 51% interest in Castlelake and Brookfield Wealth Solutions commits to invest in the firm's funds and strategies, total capital amounting to $1.5B NEW YORK and MINNEAPOLIS , Sept. 17, 2024 /PRNewswire/ -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") and Castlelake L.P.

Brookfield and Castlelake Complete Strategic Partnership Transaction

Billionaire Investor Warns Of 'Worst Outcome' Economy Possible: Our Approach

A prominent billionaire recently warned of the plausibility of the worst-case scenario for the U.S. economy playing out. We discuss why we think there is a reasonable chance of this happening as well. We share some of our top picks that, we think, will likely weather this scenario quite well.

Billionaire Investor Warns Of 'Worst Outcome' Economy Possible: Our Approach

If I Could Only Buy 2 Investments For The Next Year

Between soaring geopolitical risks, macroeconomic uncertainties, and impending Fed rate cuts, the markets are in a period of rapidly shifting dynamics. While I do not tend to invest with a single-year outlook, it is still worth taking current macro factors into account. I share two picks that, I believe, will offer very attractive risk-reward in the current environment.

If I Could Only Buy 2 Investments For The Next Year

American Tower Closes the Sale of Operations in India to Brookfield

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) today announced that it has closed the previously announced sale of 100% of the equity interests in its operations in India (“ATC India”) to Data Infrastructure Trust (“DIT”), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”). Total cash proceeds to American Tower associated with the transaction represents approximately INR 210 billion.

American Tower Closes the Sale of Operations in India to Brookfield

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