Brookfield Asset Management
BAM
Market cap $20B

47.78 USD

+0.35

0.74%

At close Oct 4, 4:00 PM EDT

After hours

47.78

+0.00

0%

1 day

0.74%

5 days

1.55%

1 month

17.05%

3 months

25.28%

6 months

15.49%

Year to date

23.05%

1 year

49.41%

5 years

47.47%

About: Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.

Employees: 2,400

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 12 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

96% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 48

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 157

10% more funds holding

Funds holding: 471 [Q1] → 517 (+46) [Q2]

1.57% more ownership

Funds ownership: 65.51% [Q1] → 67.08% (+1.57%) [Q2]

1% less capital invested

Capital invested by funds: $11.4B [Q1] → $11.3B (-$98.2M) [Q2]

47% less call options, than puts

Call options by funds: $22.2M | Put options by funds: $41.8M

See Fund Rankings

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$40

16%

downside

Avg. target

$45

6%

downside

High target

$52

9%

upside

12 analyst ratings

6 positive

50%

5 neutral

42%

1 negative

8%

Goldman Sachs Alexander Blostein 61% 1-year accuracy 25 / 41 met price target	9%upside $52	Buy Maintained	30 Sept 2024
B of A Securities Craig Siegenthaler 78% 1-year accuracy 18 / 23 met price target	6%downside $45	Neutral Maintained	12 Sept 2024
Goldman Sachs Alexander Blostein 61% 1-year accuracy 25 / 41 met price target	2%downside $47	Buy Maintained	12 Sept 2024
Wells Fargo Michael Brown 83% 1-year accuracy 15 / 18 met price target	12%downside $42	Underweight Initiated	12 Sept 2024
BMO Capital Sohrab Movahedi 100% 1-year accuracy 7 / 7 met price target	16%downside $40	Market Perform Maintained	11 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about BAM published over the past 30 days

Proactive Investors

Brookfield Asset Management raises $2.4 billion for UAE-backed climate fund

Brookfield Asset Management (TSX:BAM, NYSE:BAM) has raised $2.4 billion for the Catalytic Transition Fund (CTF), a United Arab Emirates-based fund aimed at mobilizing capital for clean energy and transition projects in emerging markets. The fund, launched at COP28 with up to $1 billion of capital provided by ALTÉRRA funds, is targeting raising up to $5 billion.

Brookfield Asset Management raises $2.4 billion for UAE-backed climate fund

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA

Additional capital raised from CDPQ, GIC, Prudential and Temasek, among others Targeting up to $5 billion, anchored by $1 billion catalytic capital investment by ALTÉRRA BROOKFIELD, NEWS, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced an initial closing of $2.4 billion for the Catalytic Transition Fund (“CTF” or “the Fund”), marking a significant milestone towards the target of raising up to $5 billion for deployment towards clean energy and transition assets in emerging markets.

Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA

Brookfield and Castlelake Complete Strategic Partnership Transaction

Brookfield Asset Management acquires 51% interest in Castlelake and Brookfield Wealth Solutions commits to invest in the firm's funds and strategies, total capital amounting to $1.5B NEW YORK and MINNEAPOLIS , Sept. 17, 2024 /PRNewswire/ -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") and Castlelake L.P.

Brookfield and Castlelake Complete Strategic Partnership Transaction

Billionaire Investor Warns Of 'Worst Outcome' Economy Possible: Our Approach

A prominent billionaire recently warned of the plausibility of the worst-case scenario for the U.S. economy playing out. We discuss why we think there is a reasonable chance of this happening as well. We share some of our top picks that, we think, will likely weather this scenario quite well.

Billionaire Investor Warns Of 'Worst Outcome' Economy Possible: Our Approach

If I Could Only Buy 2 Investments For The Next Year

Between soaring geopolitical risks, macroeconomic uncertainties, and impending Fed rate cuts, the markets are in a period of rapidly shifting dynamics. While I do not tend to invest with a single-year outlook, it is still worth taking current macro factors into account. I share two picks that, I believe, will offer very attractive risk-reward in the current environment.

If I Could Only Buy 2 Investments For The Next Year

American Tower Closes the Sale of Operations in India to Brookfield

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) (“American Tower”) today announced that it has closed the previously announced sale of 100% of the equity interests in its operations in India (“ATC India”) to Data Infrastructure Trust (“DIT”), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”). Total cash proceeds to American Tower associated with the transaction represents approximately INR 210 billion.

American Tower Closes the Sale of Operations in India to Brookfield

Brookfield to Invest Up to $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels

New investments secured for Infinium and company's Project Roadrunner production plant to accelerate availability of sustainable aviation fuel SACRAMENTO, Calif. , Sept. 10, 2024 /PRNewswire/ -- Infinium, the world's first producer of commercially available ultra-low carbon eFuels, and Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") today announced a strategic funding partnership to accelerate the growth of Infinium's eFuels platform.

Brookfield to Invest Up to $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels

How I Would Invest $100,000 For Big Dividends In September 2024

I discuss which areas of the market are most opportunistic for generating high yield income right now. I share some of my top picks within those sectors. I also share how I would deploy $100,000 of new money across those opportunities in September 2024.

How I Would Invest $100,000 For Big Dividends In September 2024

10 Dividend Blue-Chip Bargains To Potentially Profit From This Irrational Market Freakout

Joel Greenblatt's Magic Formula combines value and quality investing. By focusing on earnings yield and return on capital, it has achieved 40% annual returns for 21 years. The market's recent selloff, driven by weak manufacturing data, is an opportunity to buy high-quality undervalued dividend blue-chip stocks using Joel Greenblatt's Magic Formula. September's market volatility is average. Focus on long-term investment strategies rather than knee-jerk reactions to short-term data.

10 Dividend Blue-Chip Bargains To Potentially Profit From This Irrational Market Freakout

10 Stocks And 5 Funds For A Powerful Dividend Snowball

We share the criteria by which we select dividend stocks. We share 10 stocks that meet these criteria. We also share five funds that provide an alternative path to achieving somewhat similar results with greater diversification and passivity in exchange for lower total return potential.

10 Stocks And 5 Funds For A Powerful Dividend Snowball

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