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Brookfield Asset Management Ltd. Class A ( (TSE:BAM) ) has issued an update.
Brookfield Asset Management Ltd. announced record financial results for 2024, with over $135 billion in capital inflows and $48 billion in capital deployed. The company’s fee-related earnings increased by 17% year-over-year to a record $677 million for the fourth quarter. Brookfield raised its quarterly dividend by 15%, reflecting its positive financial outlook and the completion of a significant transaction with Brookfield Corporation, which solidifies its control over its asset management business. The company’s strategic position in the alternatives space and its diversified fund offerings are expected to drive future growth.
More about Brookfield Asset Management Ltd. Class A
Brookfield Asset Management Ltd. is a leading global alternative asset manager headquartered in New York, managing over $1 trillion in assets. The company focuses on diversified fund offerings across the fastest growing areas in the alternative investment space.
YTD Price Performance: 1.51%
Average Trading Volume: 905,412
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$135B
See more data about BAM stock on TipRanks’ Stock Analysis page.
