Another Recommendationhttps://www.bnnbloomberg.ca/market-call/brian-madden-discusses-brookfield-asset-management~2511067
STRONG BUY
Brookfield Asset Management (A)(BAM.A-T)
29/08/2022 at 08:00pm
Has long owned this. If you invested $1 in BAM 20 years ago, it's now worth $22. The 20-year compounded shareholder return is 17%. Few companies can rival this. They're a leading alternative asset manager like renewable energy, infrastructure and reinsurance. They will spin off another entity to house their third-party asset management platform, which many feel will unlock hidden value. The flow of money into alternative assets is outstripping pubic market investment (stocks and bonds). Any day is a good day to buy this.
MANAGEMENT / DIVERSIFIED
Brian Madden
$63.660
Owned