Brookfield Asset Management (BAM) 1Q15: Creating Opportunity with Work

Brookfield Asset Management (BAM): reported [Source] Funds from operations (FFO) during the 1Q15 were $557 million, or $0.82/share, up 14% from the 1Q14. FFO benefitted from expansion of the asset management operations, contributing a 27% increase in fee related earnings. Additional contributions from growth initiatives were offset by reduced contributions from renewable energy when compared […]

Brookfield Asset Management (BAM) 2014 and 4Q Results that Didn’t Miss a Beat

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), their primary measure of cash flow, was $2.2 billion for 2014 or $3.17/share a decrease of 38% on a per share basis from the previous year of $3.4 billion or $5.14/share when the company recorded an all time record high. For the fourth quarter 2014 (4Q14) […]

Brookfield Asset Management (BAM) 3Q14 Update: Growing Platform of Opportunity

Brookfield Asset Management is a global alternative asset manager with $200 billion in Assets under Management (AUM). They own and operate real assets with a focus on: property, renewable power, infrastructure through listed entities and their asset management franchise. Capital is employed with a long term investment horizon, attention to the business cycles and a […]

Brookfield Asset Management (BAM) 2Q14 Results: Strong Growth Continues

Profile: Brookfield Asset Management is a global alternative asset manager with $192 billion in Assets under Management (AUM). They have a 100+ year history of owning and operating real assets with a focus on property, renewable power, infrastructure and private equity sectors. They invest alongside shareholders and institutional investment partners in high quality, simple to […]

Brookfield Asset Management (BAM) 1Q14 At an Inflection Point

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO) the company’s measure of cash flow, was $492 million for 1Q14 increasing 6% over the 1Q13 quarter level of $387 million excluding realized gains on asset sales. The increase was due to stronger pricing in renewable energy operations and increased asset management fees partially offset by […]

Brookfield Asset Management (BAM) Outstanding 2013 Results

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), Brookfield’s primary measure of cash flow, was $3.4 billion for 2013 an increase of 149% over the previous year of $1.4 billion and an all-time record high for the company. For the fourth quarter 2013 (4Q13) Funds from Operation was 1 billion for an increase […]

Brookfield Property Partners (BPY) Continues an Impressive Debut

Brookfield Property Partners (BPY) reported [Source] good third quarter 2013 results. Some interesting strategic moves occurred in past two quarters that will benefit BPY unitholders and Brookfield Asset Management’s (BAM) shareholders for years to come. While these strategic moves unfold we’ll receive a 5.2%/year distribution (dividend) income secured by world class commercial properties. Strategic Moves: Brookfield Property […]

Brookfield Asset Management (BAM) 3Q13 Results; Strong Performance Continues

Brookfield Asset Management (BAM) reported results [Source] for the third quarter 2013. Funds from Operations (FFO) the primary metric Brookfield uses to measure its performance increased 435% and net income attributable to shareholders increased 143% over the prior year period.  These results follow the strong 34% FFO increase reported in the 1Q13 and the 192% increase in […]

Brookfield Asset Management (BAM) 2Q13 Results; FFO up 192%

Brookfield Asset Management (BAM) reported results [Source] for the second quarter 2013. Funds from Operations (FFO) the primary metric Brookfield uses to measure its performance increased 192% and net income attributable to shareholders increased 67% over the prior year period. It is another excellent quarter following the strong 34% FFO increase reported in the 1Q13. There […]

Brookfield (BAM, BPY, BIP, BEP) June Update

Longview Sale: On June 16, 2013 Brookfield Asset Management announced the sale of Longview Timber and Longview Fibre Paper and Packaging for $3.675 Billion [Source]: Brookfield has agreed to sell 100% of Longview Timber to Weyerhaeuser Co. for $2.65 billion including the assumption of debt. Longview Timber consists of approximately 645,000 acres of high quality timberlands […]