Top PickFirst stock in the clip; he also owns it personally. GLTA
https://www.bnnbloomberg.ca/video/brian-madden-s-top-picks~2334612
Brookfield Asset Management (BAM/A TSX)
Brookfield is among the world’s foremost managers and operators of long duration real assets like real estate, private equity, infrastructure, renewable energy, and utilities with deep expertise in sourcing transactions and surfacing value.
With significant assets in Canada, the United States, the U.K., Australia, Brazil, and India among other areas, the company has tremendous reach and geographic diversity. Brookfield’s size and scale allow them to field expert teams with deep operating experience across industry verticals and geographic areas, and moreover their financial strength and variety of funding sources afford them the advantage of being among the first calls sellers of world class assets make when looking to consummate a transaction.
Flows into alternative assets are outstripping flows into stocks and bonds, as institutions like pension funds increase their allocations to these less efficient markets which better match their long duration liabilities. Accordingly, Brookfield enjoys consistently strong inflows and now manages over $650B. The company has generated a compound annual return for shareholders of 19 per cent over the last twenty years, such that $1 invested in their shares is now worth over $31, courtesy of these many structural advantages.
TOP PICK
Brookfield Asset Management Inc.(BAM-N)
01/12/2021 at 07:00pm
One of world's foremost owners and operators of long-duration, real assets like real estate, infrastructure, renewable energy, private equity, utilities, data centres, etc. Big geographic footprint. Expertise. Solid financial strength. Asset gatherer for institutions and private individuals. Compound return of 19% over 20 years. Yield is 0.93%. (Analysts’ price target is $83.30)
MANAGEMENT / DIVERSIFIED
Brian Madden
$57.110
Owned