How does Bam target new markets over time?

BAM targets new markets over time, expanding its addressable and investable universe. Consider the example of insurance. In July 2023, Brookfield Reinsurance (part of Brookfield Asset Management) announced it would buy AEL for $4.3 billion using cash and stock.

Is Bam a good investment?

With non-correlation, BAM can deliver between 7% and 20% annual returns on its investing strategies, providing strong diversification benefits for more than 2,300 institutional clients, such as pension funds, endowments, family offices (the Ultra Rich), and sovereign wealth funds.

Is Bam a good insurance company?

BAM now has $100 billion in AUM at its insurance franchise, which is expected to grow steadily. AEL is especially strong in fixed-income annuities, a $260 billion market in the US alone that is growing 5% per year—2X the growth rate of the insurance industry in general.