Brookfield Asset Management (BAM) Misses Q1 EPS by 4c
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Brookfield Asset Management Reports First Quarter 2016 Results
May 13, 2016 6:55 AM EDTBROOKFIELD, NEWS -- (Marketwired) -- 05/13/16 -- Brookfield Asset Management Inc. (NYSE: BAM)(TSX: BAM.A)(EURONEXT: BAMA) today announced financial results for the quarter ended March 31, 2016.
Bruce Flatt, CEO of Brookfield, stated, "We have closed $25 billion of private fund commitments for our latest round of flagship funds to date, increasing total assets under management to $240 billion. Allocations to all our strategies continue to grow, as evidenced by the recent final close of our $9 billion flagship real estate fund and first close of... More
