Another RecommendationFirst stock in the clip. She owns it personally as well as in her fund. GLTA
https://www.bnnbloomberg.ca/video/christine-poole-s-past-picks~2161676
Brookfield Asset Management (BAM/A TSX) 3 for 2 stock split April 2, 20220
- Then: $73.39 (adjusted price: $48.92)
- Now: $54.21
- Return: 11%
- Total Return: 12%
PAST TOP PICK
Brookfield Asset Management (A)
(BAM.A-T)
March 16, 2021
(A Top Pick Mar 13/20, Up 12%) She would buy it again. They're in 4 verticals: property, infrastructure, renewables and private equity. In 2019, they added Oak Tree Capital, a US company specializing in distressed debt, which doubled Brookfield's client base. BAM is well-positioned as management expects interest rates to remain low for a long time. More pension funds are putting money into alternative assets, which is BAM's business Brookfield is raising additional funds to deploy. Mark Carney will head their impact investing division. BAM has a great outlook.
MANAGEMENT/DIVERSIFIED
Christine Poole
Price
$54.430
Owned
Yes