Frank McKenna - Brookfield Asset Independent Chairman of the Board

BAM Stock  USD 42.02  0.22  0.53%   

Chairman

The Hon. Frank J. McKenna QC, is Independent Chairman of the Board of Brookfield Asset Management Inc. Mr. McKenna is Chair of the Board of the Corporationrationration, a position he has held since August 2010. Mr. McKenna is Deputy Chair, TD Bank Group, a financial institution since 2010.
Age 72
Tenure 14 years
Professional MarksMBA
Address Brookfield Place, Toronto, ON, Canada, M5J 2T3
Phone416 363 9491
Webhttps://www.bam.brookfield.com
McKenna is a former Ambassador of Canada to the U.S.A. and a former Premier of the Province of New Brunswick.

Brookfield Asset Management Efficiency

The company has Return on Asset of 0.1152 % which means that on every $100 spent on assets, it made $0.1152 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1868 %, implying that it generated $0.1868 on every 100 dollars invested. Brookfield Asset's management efficiency ratios could be used to measure how well Brookfield Asset manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of March 2024, Return On Capital Employed is likely to drop to 0.16. In addition to that, Return On Assets is likely to drop to 0.09. At this time, Brookfield Asset's Net Tangible Assets are very stable compared to the past year. As of the 29th of March 2024, Other Assets is likely to grow to about 11.6 B, while Non Current Assets Total are likely to drop about 2.2 B.
The company has 256 M in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Brookfield Asset Man has a current ratio of 1.66, which is typical for the industry and considered as normal. Debt can assist Brookfield Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Brookfield Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Brookfield Asset Man sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brookfield to invest in growth at high rates of return. When we think about Brookfield Asset's use of debt, we should always consider it together with cash and equity.

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Brookfield Asset Management is an alternative asset manager and REITReal Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. Brookfield Asset Management Inc. was founded in 1997 and based in Toronto, Canada with additional offices across Northern America South America Europe Middle East and Asia. Brookfield Asset operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 180000 people. Brookfield Asset Management (BAM) is traded on New York Stock Exchange in USA. It is located in Brookfield Place, Toronto, ON, Canada, M5J 2T3 and employs 2,400 people. Brookfield Asset is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Brookfield Asset Man Leadership Team

Elected by the shareholders, the Brookfield Asset's board of directors comprises two types of representatives: Brookfield Asset inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brookfield. The board's role is to monitor Brookfield Asset's management team and ensure that shareholders' interests are well served. Brookfield Asset's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Brookfield Asset's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Flatt, Chief Executive Officer, Senior Managing Partner, Director
Philip Lind, Independent Director
Dominic Dodds, Managing Technology
Howard Marks, Affiliated Director
Justin Beber, Managing Partner, Head of Corporate Strategy and Chief Legal Officer
Murilo Ferreira, Independent Director
FCPA FCA, Managing COO
Rafael Miranda, Independent Director
J Flatt, Chief Executive Officer, Senior Managing Partner, Director
Hutham Olayan, Independent Director
Richard Clark, Managing Partner - Real Estate
Rafael Robredo, Independent Director
Ngee Seek, Independent Director
Brian Kingston, Managing Partner, Chief Executive Officer, Real Estate
Jeffrey Blidner, Vice Chairman of the Board and Senior Managing Partner
David Nowak, Managing Equity
Maureen Darkes, Independent Director
Craig Noble, Managing Partner, Chief Executive Officer of Alternative Investments
CPA CPA, Managing Solutions
Frank McKenna, Independent Chairman of the Board
Nicholas CA, Managing CFO
Angela Braly, Independent Director
Linda Northwood, Investor Relations
Janice Fukakusa, Independent Director
FPC MPC, Chair Investing
David Kerr, Director
Brian Lawson, Chief Financial Officer and Senior Managing Partner, Director
Amar Dhotar, IR Contact Officer
Nicholas Goodman, Managing Partner, Chief Financial Officer
Sachin Shah, Managing Partner, Chief Executive Officer, Renewable Power
Craig CFA, Managing Credit
Ronald FisherDayn, Managing Compliance
Youssef Nasr, Independent Director
Bruce Flatt, CEO, Senior Managing Partner, Director
Samuel Pollock, Managing Partner, Chief Executive Officer - Infrastructure
Lord ODonnell, Independent Director
A Silber, Vice President - Legal Affairs, Corporate Secretary
Diana Taylor, Independent Director
V Darkes, Independent Director
Cyrus Madon, Managing Partner, Chief Executive Officer, Private Equity
Lance Liebman, Independent Director
Connor Teskey, President Transition
Robert Harding, Director
George Taylor, Independent Director
Elyse Allan, Independent Director
Pierre McNeil, Managing Equity
MBA CFA, Managing Initiatives
Lori Pearson, Chief Operating Officer and Managing Partner
Suzanne Fleming, Managing Communications
Jack Cockwell, Group Chairman, Director
Marcel Coutu, Independent Director
Seek Huat, Independent Director
Bahir Manios, Managing CFO
M Allan, Independent Director

Brookfield Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Brookfield Asset a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Brookfield Asset Investors Sentiment

The influence of Brookfield Asset's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brookfield. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brookfield Asset's public news can be used to forecast risks associated with an investment in Brookfield. The trend in average sentiment can be used to explain how an investor holding Brookfield can time the market purely based on public headlines and social activities around Brookfield Asset Management. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brookfield Asset's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brookfield Asset's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brookfield Asset's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brookfield Asset.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brookfield Asset in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brookfield Asset's short interest history, or implied volatility extrapolated from Brookfield Asset options trading.

Pair Trading with Brookfield Asset

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Asset will appreciate offsetting losses from the drop in the long position's value.

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Moving against Brookfield Stock

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The ability to find closely correlated positions to Brookfield Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Asset when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Asset - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Asset Management to buy it.
The correlation of Brookfield Asset is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Asset Man moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Asset can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Brookfield Asset Man is a strong investment it is important to analyze Brookfield Asset's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brookfield Asset's future performance. For an informed investment choice regarding Brookfield Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Asset Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Brookfield Asset Man information on this page should be used as a complementary analysis to other Brookfield Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Brookfield Stock analysis

When running Brookfield Asset's price analysis, check to measure Brookfield Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Asset is operating at the current time. Most of Brookfield Asset's value examination focuses on studying past and present price action to predict the probability of Brookfield Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Asset's price. Additionally, you may evaluate how the addition of Brookfield Asset to your portfolios can decrease your overall portfolio volatility.
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Is Brookfield Asset's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Asset. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.28
Earnings Share
1.13
Revenue Per Share
10.449
Quarterly Revenue Growth
0.012
The market value of Brookfield Asset Man is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Asset's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Asset's market value can be influenced by many factors that don't directly affect Brookfield Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.