Investment giant Brookfield Asset Management is to launch a dedicated strategy to develop AI infrastructure. As reported by ...

Brookfield Asset Management BAM.A-T is mulling whether to carve out its asset management business into a separate company, a move that could create a new enterprise worth as much as US$100-billion.

Every investor in Brookfield Asset Management Ltd. (TSE:BAM) should be aware of the most powerful shareholder groups. With 84% stake, institutions possess the maximum shares in the company.

The move was announced as part of a wider corporate restructuring, which is to be voted on at a special meeting of Brookfield Asset Management shareholders on Dec. 20. If approved, BAM will own 100 ...