RE:Top Pick The leader failed to take advantage of the drop in equities in the Pandemic.
The leader failed to act on mitigating shareholder losses even though it was evident this virus spreading in January/2020.
These guys are supposed to be contrarian investors, yet they missed it all.
If they want this viewed as the best asset manager in the world, they really need to focus on growth and areas that are likely to be valued with high growth multiples.
Corporate restructuring is needed. The two classes of shares is not really in keeping with the theme they want to portray as "Best in Class". Leadership has not earned the right to this.
Combine all shares into one class. The stock would probably jump 10% on that move.
Leadership needs to stop concerning themselves with control of company, and just focus on growing the business exponentially.
Double the stock price in one year should be the goal.
Let see what Mark Carney can do with this new ESG investing.
How fast can he grow this business is crucial.
Insurance Business- doesn't really excite me. Market won't give it much of a valuation unless they can grow it hugely in a short period.
No sleep, only eating at your desk and work on growth is the key. BAM needs that entrepreneural drive again.
A lumbering conglomerate we don't want. Just look at that snail Power Corporation.Finally, they made some positive changes to share and corporate structure. Now they are focusing more on Private Equity.
Lots a old foggies on BAM's board that are just there for the benefits and not likely adding anything meaningful.
Becoming a billionaire through stock options and grants and not rewarding shareholders gives BAM less credibility.
Now go and make some money for shareholders.