Brookfield Asset Management is one of the world's largest alternative-asset managers, with USD 1.181 trillion in total managed assets, including USD 602.7 billion in fee-earning AUM, at the end of 2025. The company has three main business segments: credit strategies (USD 363.0 billion in total AUM and USD 279.4 billion in fee-earning AUM), private equity (USD 155.0 billion/USD 48.0 billion), and real estate/real assets (USD 663.0 billion/USD 275.3 billion). The firm primarily serves institutional investors (90% of AUM) and high-net-worth individuals (10%), and is diversified globally, with 67% of revenue from the Americas, 20% from EMEA, and 13% from Asia-Pacific. Canada-based Brookfield Corp. owns 73% of Brookfield's outstanding Class A shares.
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The chart shows the growth of an initial investment of $10,000 in Brookfield Asset Management Ltd., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Brookfield Asset Management Ltd. (BAM) has returned -15.16% so far this year and 5.78% over the past 12 months. Looking at the last ten years, BAM has achieved an annualized return of 2.62%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Brookfield Asset Management Ltd. (BAM) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.12% | -5.08% | -2.20% | -1.29% | ||||||||
| 2025 | 10.04% | -1.89% | -14.94% | 10.14% | 5.13% | -0.91% | 12.29% | -0.18% | -4.21% | -4.49% | -2.64% | 0.60% |
| 2024 | 2.37% | 1.80% | 2.89% | -8.90% | 2.51% | -3.28% | 13.56% | -6.54% | 17.00% | 11.99% | 6.70% | -5.76% |
| 2023 | 12.59% | 2.97% | -2.73% | 3.23% | -9.22% | 6.98% | 3.28% | 3.26% | -4.25% | -13.59% | 21.34% | 15.20% |
| 2022 | -8.74% | -1.01% | 3.78% | -12.71% | 1.69% | -12.27% | 12.30% | -2.08% | -14.24% | -4.97% | 15.90% | -39.55% |
| 2021 | -5.36% | 3.07% | 8.17% | 1.99% | 9.91% | 0.59% | 5.76% | 2.04% | -4.50% | 12.14% | -7.34% | 6.12% |
| 2020 | 5.72% | -2.54% | -26.68% | -20.55% | -5.46% | 4.38% | -2.30% | 3.98% | -1.69% | -10.70% | 33.72% | 0.22% |
| 2019 | 13.53% | 4.71% | 2.66% | 2.55% | -4.86% | 3.96% | 1.72% | 5.61% | 3.59% | 4.25% | 5.24% | -0.69% |
| 2018 | -3.84% | -7.30% | 0.67% | 1.56% | 0.86% | 1.17% | 4.85% | 1.18% | 4.38% | -9.42% | 7.02% | -13.49% |
| 2017 | 4.47% | 4.22% | 0.44% | 1.46% | 2.19% | 3.73% | -1.39% | 1.54% | 3.77% | 1.45% | -1.26% | 4.46% |
| 2016 | -1.83% | 3.78% | -5.32% | 4.54% | -2.49% | 4.55% | -0.43% | -5.26% | -1.32% |
The charts below present risk-adjusted performance metrics for Brookfield Asset Management Ltd. (BAM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of BAM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Brookfield Asset Management Ltd. volatility is 1.57%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | |
|---|---|---|
| Liabilities And Equity (USD) | 17.05B | 4.39B |
| Temporary Equity (USD) | 1.40B | - |
| Equity Attributable To Parent (USD) | 8.91B | 3.25B |
| Equity Attributable To Noncontrolling Interest (USD) | - | 31.00M |
| Equity (USD) | 8.91B | 3.28B |
| Redeemable Noncontrolling Interest, Preferred (USD) | 1.40B | - |
| Redeemable Noncontrolling Interest (USD) | 1.40B | - |
| Noncurrent Liabilities (USD) | - | - |
| Current Liabilities (USD) | 6.74B | 1.11B |
| Liabilities (USD) | 6.74B | 1.11B |
| Intangible Assets (USD) | 234.00M | - |
| Fixed Assets (USD) | 92.00M | - |
| Noncurrent Assets (USD) | - | - |
| Current Assets (USD) | 17.05B | 4.39B |
| Assets (USD) | 17.05B | 4.39B |
Blackstone has agreed to sell its entire Fidere residential rental portfolio in Spain to Brookfield Asset Management for €1.2 billion ($1.4 billion). The portfolio includes approximately 5,000 units across 47 buildings in Madrid and represents the largest multifamily transaction in Spain since the 2007-2009 financial crisis. Blackstone shares were up 2.87% at $114.80 at publication, though the stock remains 17.9% below its 100-day SMA with weak momentum despite improving technical indicators.
Brookfield Corporation is transforming into an investment-led insurance company modeled after Berkshire Hathaway, aiming to grow distributable earnings by 20% annually over five years. With $180 billion in capital, $135 billion in insurance assets, and $1 trillion in assets under management, the company is positioned across infrastructure, renewable power, real estate, private equity, and credit investments globally.
Major M&A activity continues with Estée Lauder in merger discussions with Puig ($40B), KKR acquiring Nothing Bundt Cakes ($2B+), and Amazon acquiring robotics firm Fauna. Other significant deals include Corebridge-Equitable Holdings merger ($22B), Merck's acquisition of Terns Pharmaceuticals ($6.7B), and Abbott closing its Exact Sciences deal ($21B). Several companies filed for bankruptcy including 23andMe and Applebee's franchisee NRPF.
Partners Value Investments Inc. reported a net loss of $1.4 billion for 2025, an improvement from $3.8 billion in 2024, primarily due to lower remeasurement losses on retractable common shares and warrants. Adjusted Earnings decreased to $66 million from $122 million, impacted by Canadian dollar appreciation and higher preferred share dividends, partially offset by higher investment income. The company holds approximately 181 million BN shares (8% stake) and 26 million BAM shares (2% stake).
TerraForm Power, an affiliate of Brookfield Asset Management, has announced the acquisition of a 1.56 GW solar project from Hexagon Energy located in Lee County, Illinois. The company will discuss fourth quarter and full-year 2025 results during a webcast and conference call on March 19, 2026.
Bloom Energy stock has surged 556% over the past year and is up nearly 50% in 2026, driven by demand for on-site power generation for AI data centers. While the company has record revenue and prestigious customers, profitability remains thin with only $1.1M net income on $777M quarterly revenue. At current valuations (16x sales), reaching $200 per share would be unsustainable without significant margin improvement.
Bloom Energy is well-positioned to benefit from AI infrastructure demand and has strong partnerships with major companies like Walmart and Amazon. However, the stock has surged 450% in the past year, resulting in a P/E ratio of 165x and P/S ratio of 16x, making it expensive by traditional metrics. While the company's $6 billion product backlog shows strong demand, investors should be aware of potential price volatility given the high valuation.
Papa John's shares surged 19% on Wednesday after reports that Irth Capital Management, a Qatari-backed investment firm supported by Brookfield Asset Management, submitted a takeover bid valued at $47 per share ($1.5 billion), representing a 50% premium to the stock's trading price. Irth, which already owns approximately 10% of Papa John's, previously attempted to acquire the company with Apollo Global Management last year. The bid comes as Papa John's faces competitive pressures from Domino's and plans to close hundreds of U.S. stores and cut corporate jobs.
Bloom Energy stock has surged 602% since early 2025, driven by strong demand from AI data centers for its solid oxide fuel cells. The company can deliver power solutions in months, bypassing lengthy grid interconnection processes. With a $20 billion backlog and $5 billion Brookfield financing deal, growth prospects are strong. However, the stock's 63x 2027 P/E valuation reflects future growth expectations, and execution risks exist as the company scales manufacturing capacity. Analysts suggest taking some profits despite bullish long-term outlook.
Brookfield Asset Management announced the establishment of a commercial paper program allowing it to issue up to $1 billion in unsecured notes on a private placement basis. The program aims to diversify and strengthen the company's balance sheet by providing additional short-term capital for general corporate purposes.