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Brookfield Asset Management Ltd. - $BAM STOCK NEWS

Welcome to our dedicated page for Brookfield Asset Management Ltd. news (Ticker: $BAM), a resource for investors and traders seeking the latest updates and insights on Brookfield Asset Management Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brookfield Asset Management Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brookfield Asset Management Ltd.'s position in the market.

News
Brookfield Asset Management to Present at the Goldman Sachs U.S. Financial Services Conference
Rhea-AI Summary
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) CEO Bruce Flatt to present at Goldman Sachs U.S. Financial Services Conference on December 6, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.05%
Tags
conferences
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News
Brookfield Expands its Operations in Germany with a New Frankfurt Office
Rhea-AI Summary
Brookfield Asset Management (Brookfield) reinforces its commitment to the German market with the opening of a new Frankfurt office. With over €25 billion of assets in critical sectors like digital infrastructure, residential decarbonization, student housing, logistics, and renewable power, Brookfield aims to be closer to its investors, portfolio companies, and investment opportunities in the German-speaking region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
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News
Brookfield Asset Management Announces Strong Third Quarter Results
Rhea-AI Summary
Brookfield Asset Management Ltd. raised $61 billion of capital year-to-date, with $26 billion raised in the third quarter. They closed their largest ever private equity strategy at $12 billion and had strong closes for their infrastructure flagship fund and infrastructure debt fund. They are on track to achieve their capital raising target of close to $150 billion. Net income for the quarter was $122 million. Distributable earnings were $568 million for the quarter and $2.2 billion over the last twelve months. Fee-related earnings increased by 8% compared to the prior year period. They deployed $18 billion of capital in the third quarter and have $102 billion of uncalled fund commitments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
earnings
News
Brookfield Raises Record $6 Billion For Global Infrastructure Debt Investments
Rhea-AI Summary
Brookfield Asset Management has closed its global infrastructure debt program, Brookfield Infrastructure Debt Fund III (BID III), with capital commitments exceeding $6 billion. BID III is the world's largest private infrastructure debt fund and has received support from institutional partners. Brookfield has committed $600 million to the Fund, which has already deployed over 50% of its commitments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.54%
Tags
none
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News
Duke Energy Renewables Rebrands as Deriva Energy under Brookfield Ownership
Rhea-AI Summary
Deriva Energy, formerly Duke Energy's unregulated commercial renewables business, has made its debut as an independent developer, owner, and operator of clean energy projects in the United States. The acquisition by Brookfield provides Deriva with access to capital for growth and operating expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
none
-
News
Brookfield Announces Appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure
Rhea-AI Summary
Brookfield Asset Management appoints Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure investments. Brookfield's financial infrastructure strategy focuses on digital assets and services in the global financial economy. Brookfield has invested $5 billion in financial infrastructure companies. The addition of Sir Ron Kalifa will help increase Brookfield's footprint in this area.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
management
News
Brookfield Asset Management Ltd. Sets Third Quarter 2023 Results Conference Call
Rhea-AI Summary
Brookfield Asset Management Ltd. to publish Q3 2023 financial results on November 6, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
earnings
-
News
Brookfield Raises $12 Billion for Flagship Global Private Equity Program
Rhea-AI Summary
Brookfield Asset Management closes its largest private equity fund, BCP VI, raising $12 billion. Brookfield commits $3.5 billion to the Fund. CEO cites strong track record and investment strategy. Global deal pipeline remains robust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
Tags
none
-
News
Brookfield Asset Management to Host Investor Day on September 12, 2023
Rhea-AI Summary
Brookfield Asset Management to host Investor Day on September 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
Tags
conferences
News
Brookfield Asset Management Announces Strong Second Quarter Results
Rhea-AI Summary
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) raised $37 billion of capital year-to-date, aiming for close to $150 billion in 2023. The company reported net income of $109 million for the quarter, with fee-related earnings of $548 million. Notable investments include the acquisition of Compass Datacenters and Duke Energy Renewables, among others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
earnings
Stock BAM logo
Brookfield Asset Management Ltd.

NYSE:BAM

BAM Rankings

#611 Ranked by Market Cap
#2655 Ranked by Stock Gains
#878 Ranked by Dividends

BAM Stock Data

15.79B
360.31M
15.09%
68.68%
4.1%
Portfolio Management
Finance and Insurance
Link
United States of America
Toronto