Core Insights - Brookfield Asset Management reported a 26% year-over-year increase in fee-related earnings, reaching nearly $700 million for the quarter ended March 31, 2025, driven by significant capital inflows [1][3][8] - The company raised $25 billion in capital during the first quarter and over $140 billion in the past year, highlighting strong fundraising efforts across various strategies [1][9] - The flagship real estate strategy saw inflows of $6 billion, bringing its total size to approximately $16 billion, making it the largest real estate strategy ever raised by the company [1][2][9] Financial Performance - Fee-related earnings (FRE) for the quarter were $698 million, or $0.43 per share, compared to $552 million, or $0.34 per share, in the prior year [3][8] - Distributable earnings (DE) increased by 20% to $654 million, or $0.40 per share, from $547 million, or $0.34 per share, year-over-year [3][8] - Net income attributable to Brookfield Asset Management was $581 million for the quarter, up 32% from the previous year [3][8] Fundraising and Capital Deployment - The company raised $25 billion in the first quarter of 2025, with notable contributions from various sectors including real estate, private equity, and credit [9] - Significant capital deployments included $16 billion in the first quarter, with $3.5 billion in renewable power and transition, and $1.1 billion in private equity [9][10] - The company has nearly $120 billion of capital available for deployment, positioning it well for future investments [2][9] Strategic Initiatives - Brookfield Asset Management is expanding its partnerships and enhancing its credit capabilities to better serve clients [12] - The company announced an agreement to acquire a majority stake in Angel Oak, enhancing its capabilities in the U.S. mortgage credit market [13] - The firm increased its ownership interest in Oaktree by 1.5%, bringing its total stake to 74% [13]

Group 1 - Brookfield Asset Management Ltd. announced the election of all 12 nominees to the board of directors at the annual meeting held on May 5, 2025 [1] - The voting results showed high approval rates for the nominees, with Angela F. Braly receiving 99.98% of votes in favor [2] - The company manages over $1 trillion in assets across various sectors including renewable power, infrastructure, private equity, real estate, and credit [4] Group 2 - The detailed voting results indicate that Barry Blattman received 98.06% approval, while other nominees also received similarly high percentages, reflecting strong shareholder support [2][5] - The meeting allowed for virtual attendance, indicating a modern approach to shareholder engagement [1] - Brookfield's investment strategy focuses on long-term value generation through real assets and essential service businesses [4]

Core Viewpoint - Brookfield Asset Management's recent stock dip presents a potential buying opportunity, with a higher dividend yield and lower valuation, while the company is on track for significant earnings and dividend growth in the coming years [1][9]. Financial Performance - Brookfield generated nearly $2.5 billion in fee-related earnings last year, marking a more than 10% increase from 2023 [2]. - The company raised $135 billion from investors last year, including a record $29 billion in Q4, leading to an 18% increase in fee-bearing capital in Q4 and a 17% rise in fee-related earnings during that period [2]. Growth Prospects - The company ended last year with $539 billion of fee-bearing capital and aims to increase its fee-bearing assets under management (AUM) to around $1.1 trillion by 2029 [5]. - Brookfield expects its fee-related earnings to rise at a 17% compound annual rate through the end of the decade, potentially doubling to $5 billion [6]. - Distributable earnings (DE) are projected to grow at an 18% compound annual rate, increasing from almost $2.4 billion last year to $5.1 billion in 2029 [6]. Dividend Policy - Brookfield has increased its dividend by 15%, resulting in a dividend yield of nearly 3.5% at the current share price, which is more than double the S&P 500's yield [4]. - The company plans to pay 95% of its distributable earnings to investors in dividends, positioning it for a 15% annual dividend growth rate over the next several years [6][7]. Valuation and Investment Opportunity - The stock trades at about 35 times its 2024 DE but is expected to grow into its valuation, trading at about 18 times its 2029 DE [8]. - The recent stock price dip below $55 enhances the investment appeal, offering a strong total return potential as the company grows its earnings and dividends at an expected annual rate of 15%+ [9].

Core Viewpoint - Brookfield Asset Management Ltd. has announced the pricing of its inaugural public offering of senior notes, amounting to $750 million with a 5.795% interest rate, due in 2035 [1][2]. Group 1: Offering Details - The offering consists of senior notes with a principal amount of $750 million, set to mature in 2035 and bearing an interest rate of 5.795% per annum [1]. - The net proceeds from the sale of the notes will be allocated for general corporate purposes [2]. - The offering is expected to close on April 24, 2025, pending customary closing conditions [2]. Group 2: Regulatory and Documentation - The notes are being offered under BAM's existing amended and restated base shelf prospectus filed in both the United States and Canada [3]. - In the U.S., the offering is made pursuant to an effective registration statement on Form F-10 filed with the U.S. Securities and Exchange Commission [3]. - Interested parties can access the relevant documents for free on EDGAR and SEDAR+ [3]. Group 3: Company Overview - Brookfield Asset Management Ltd. is a leading global alternative asset manager, headquartered in New York, managing over $1 trillion in assets across various sectors including renewable power, infrastructure, private equity, real estate, and credit [5]. - The company focuses on long-term investments in real assets and essential service businesses that are fundamental to the global economy [5]. - BAM offers a range of alternative investment products to a diverse clientele, including public and private pension plans, endowments, sovereign wealth funds, and private wealth investors [5].

Core Insights - Investors are evaluating XP Inc.A and Brookfield Asset Management for potential undervalued stock opportunities [1] - A strong Zacks Rank combined with a high Value grade is identified as an effective strategy for finding value stocks [2] Company Analysis - XP Inc.A has a Zacks Rank of 1 (Strong Buy), indicating a stronger earnings outlook compared to Brookfield Asset Management, which has a Zacks Rank of 4 (Sell) [3] - Value investors utilize various traditional metrics to identify undervalued companies [3] Valuation Metrics - XP has a forward P/E ratio of 8.46, significantly lower than Brookfield's forward P/E of 28.72 [5] - The PEG ratio for XP is 0.60, while Brookfield's PEG ratio is 1.81, suggesting XP is expected to grow earnings at a better rate relative to its price [5] - XP's P/B ratio stands at 2.02, compared to Brookfield's P/B of 6.15, further indicating XP's relative undervaluation [6] - XP's overall Value grade is A, while Brookfield's Value grade is F, reinforcing the perception that XP is the more attractive investment option [6]

Core Viewpoint - Brookfield Asset Management has established a new Investment Solutions Group (ISG) to provide tailored multi-asset portfolio solutions, led by Alper Daglioglu, with Howard Marks serving as Chair [1][2][4]. Group 1: Company Overview - Brookfield Asset Management is a leading global alternative asset manager headquartered in New York, managing over $1 trillion in assets across various sectors including renewable power, infrastructure, private equity, real estate, and credit [5]. - The firm focuses on long-term investments in real assets and essential service businesses that are critical to the global economy [5]. Group 2: Investment Solutions Group (ISG) - The newly formed ISG aims to deliver innovative multi-asset solutions to institutional, private wealth, and family office clients globally [2]. - ISG will leverage Brookfield's comprehensive investment capabilities and those of its partner firms, including Oaktree, Castlelake, Primary Wave, and Pinegrove Capital Partners [2]. Group 3: Leadership and Strategic Vision - Alper Daglioglu, with over two decades of experience at Morgan Stanley, has been appointed as the Head of ISG, emphasizing the importance of multi-strategy portfolio solutions [3][4]. - Howard Marks highlighted the significance of asset managers providing multi-strategy solutions rather than focusing solely on single investment products, indicating Daglioglu's suitability for this role [4]. - David Levi, CEO of Brookfield's Global Client Group, noted a growing trend among clients to work with fewer managers for deeper partnerships and better insights, which ISG aims to address [4].

Core Viewpoint - Brookfield Asset Management has established a new Investment Solutions Group (ISG) led by Alper Daglioglu, aimed at providing tailored multi-asset portfolio solutions to institutional and private wealth clients globally [1][2]. Group 1: Leadership and Structure - Alper Daglioglu, with over two decades of experience at Morgan Stanley, has been appointed as the Managing Partner and Head of ISG at Brookfield [3][4]. - Howard Marks, Co-Chairman of Oaktree Capital Management, will serve as Chair of ISG, emphasizing the importance of multi-strategy portfolio solutions [1][4]. Group 2: Strategic Focus - ISG will focus on delivering innovative solutions that leverage Brookfield's investment capabilities across various sectors, including renewable power, infrastructure, private equity, real estate, and credit [2][5]. - The group will also utilize strategies from partner firms such as Oaktree, Castlelake, Primary Wave, and Pinegrove Capital Partners [2]. Group 3: Market Trends and Client Needs - There is a growing trend among clients to engage with fewer managers, seeking deeper partnerships and better insights to create greater value [4]. - The establishment of ISG is a response to this trend, aiming to meet clients' unique investing objectives through a strategic approach [4].

Group 1: Stock Performance - Brookfield Asset Management (BAM) shares increased by 9.6% to close at $47.02, following a period of 8.2% loss over the past four weeks [1][2] - The recent surge was supported by solid trading volume, indicating higher investor interest [1] Group 2: Market Influences - The stock price surge coincided with the Trump administration's announcement of a 90-day halt on reciprocal tariffs for most countries, which positively impacted BAM [2] - BAM's extensive global reach and operational expertise across 30+ countries, along with over $1 trillion in assets under management, position it well to identify high-quality assets and drive operational efficiencies [2] Group 3: Earnings Expectations - Brookfield is expected to report quarterly earnings of $0.40 per share, reflecting a year-over-year increase of 17.7%, with revenues projected at $1.25 billion, up 12.7% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [4] Group 4: Industry Context - Brookfield is part of the Zacks Financial - Miscellaneous Services industry, where another company, SoFi Technologies, Inc. (SOFI), saw a 19.9% increase in its stock price, although it has returned -15.6% over the past month [4] - SoFi Technologies has a consensus EPS estimate of $0.03, which is a 50% increase from the previous year, but has seen a -4.8% change in estimates over the past month [5]

Core Insights - The author transitioned from a traditional financial career to focus on personal finance education through online platforms [1] Group 1 - The author has a strong educational background in finance, holding a bachelor's degree in finance-marketing, a CFP title, and an MBA in financial services [1] - The author has over a decade of experience in the financial industry, starting in 2003 and working in private banking for five years [1] - In 2016, the author took a significant personal journey traveling across North America and Central America, which influenced the decision to leave the financial industry [1] Group 2 - The author aims to help others with personal finance through investing websites, indicating a shift towards educational content and community engagement [1] - The decision to quit a stable job in the financial sector was driven by a desire for more meaningful work and family time [1]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Brookfield Asset Management (BAM) , which belongs to the Zacks Financial - Miscellaneous Services industry.This investment manager has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.06%.For the last reported quarter, Brookfield came out with earnings o ...