Bullboard - Stock Discussion Forum Brookfield Asset Management Voting Ord Shs Class A T.BAM

Alternate Symbol(s): BAM | T.BN.PF.A | BKFOF | T.BN.PF.B | T.BN.PF.C | BROXF | T.BN.PF.D | T.BN.PF.E | T.BN.PF.F | BKFDF | T.BN.PF.G | BRCFF | T.BN.PF.H | T.BN.PF.I | T.BN.PF.J | T.BN.PF.K | BKFPF | T.BN.PF.L | T.BN.PR.B | BKFAF | T.BN.PR.K | BXDIF | BRPSF | T.BN.PR.M | T.BN.PR.N | T.BN.PR.R | BAMGF | BAMKF | T.BN.PR.T | T.BN.PR.X | BKAMF | T.BN.PR.Z

Brookfield Asset Management Ltd. is a global alternative asset manager. The Company invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign... see more

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TSX:BAM - Post Discussion

Brookfield Asset Management Voting Ord Shs Class A > Analyst Recommendation

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Post by retiredcf on Dec 16, 2020 6:56am

Analyst Recommendation

https://www.bnnbloomberg.ca/video/bill-harris-discusses-brookfield-asset-management~2101375

BUY

Brookfield Asset Management (A)

(BAM.A-T)

December 15, 2020

Concerned about their debt levels Good point. It's a global asset manager of hard assets. There's a big wave of money that needs to find a home but can't go into the bond markets given very low rates. So, a lot of money uses Brookfield to buy hard asset and collect fees on them; this trend won't stop. BAM's success will continue. Their debt is tricky--Brookfield Property Partners makes up 15% of Brookfield, but BPP troubled because of it holds shopping malls. And yet, BPP's woes don't effect the rest of the Brookfield group. They run a very tight financial ship. BAM is a core holding.

Bill Harris, CFA

Price

$52.230

Owned

Yes

715