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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (111942)8/12/2021 9:00:13 AM
From: Goose94Read Replies (2) of 202373
 
Brookfield Asset Management (BAM.A-T) CIBC money manager Craig Jerusalim believes stocks are a good way for investors to mitigate the effects of inflation.

Mr. Jerusalim says that Brookfield's diverse assets make it a good bet in a rising price environment as well as a market where investors are looking for alternative assets. Brookfield's assets are benefiting from the low-interest-rate environment and improving economic growth coming out of the pandemic. "That is about as perfect a backdrop for an asset manager that owns and operates real assets -- everything from toll roads and bridges to rail networks and renewable sources of [power] generation around the globe -- as well as private equity and real estate," he says. "As its subsidiaries grow, as its assets under management grow, the fees are all accrued by the parent, Brookfield Asset Management." As for risks, since Brookfield is well diversified globally, it is susceptible to a slowdown in global GDP, especially if interest rates rise too quickly. However, he believes Brookfield can still outperform its peers in that type of scenario.
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