Brookfield Asset Management (BAM) Reports Q2 FFO of $0.73

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Brookfield Asset Management Announces Record $23 billion of Fundraising and Reports Second Quarter 2020 Results

August 13, 2020 6:55 AM EDT

BROOKFIELD, NEWS, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) today announced financial results for the quarter ended June 30, 2020.

Bruce Flatt, CEO of Brookfield, stated, We had our best fundraising period, ever; with $23 billion of capital added to our franchise, increasing total capital for deployment to $77 billion. Very strong performance in our asset management business and continued resiliency within most of our operations contributed to strong operating results.

Operating Results

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