Brookfield's financial results in 2013 the strongest in its history
Canadian alternative assets manager Brookfield Asset Management (TSX: BAM.A) (NYSE: BAM) announced "the strongest results in our history" in 2013. The firm's consolidated net income totaled $3.8 billion as of December 31, up 40% from 2012, and funds from operations totaled $3.4 billion, up 149%. As a consequence, Brookfield's total assets under management increased to $187 billion. The private equity group at Brookfield and other alternative investment platforms were key to the firm's performance last year, as reported earlier this month by peHUB Canada.
20 February 2014•9 mins read
