Where Will Brookfield Asset Management Be in 5 Years?

Brookfield Asset Management (NYSE: BAM) is a large asset manager based in Canada. It recently increased its dividend by a huge 15%. And it believes it can keep doing that through to the end of the decade, or roughly five years. This has material implications for investors looking at the stock today. Here's what you need to know.As an asset manager, Brookfield Asset Management takes money from clients and invests it for them. The company's historical focus has been on infrastructure assets, but it has been branching out into other areas, notably credit investing, in recent years.All in, the business is centered around what are often called alternative assets, which can include everything from collectibles to timberland. This is a segment of the asset management industry that is seeing increased demand.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool