Q: I have held Brookfield for 15 years. I have reviewed their investor presentation several times in the last week. With the Wealth Solutions and carried interest projected growth they forecast a 25% Distributable earnings growth is possible over the next 5 years. It looks like they have shifted gears and the next 15 years of business growth should be better than the last 15. Any comments
5i Research Answer:
Based on the company's long and very successful history we have no reason to question management's goals. The company has a massive amount of capital to deploy, and has the ability to invest globally to find the most lucrative deals. It has gained international attention from large partners and investors that can do deals along side it. It has been quite active this year and we expect more activity as interest rates move lower. Its continued success would not surprise us in any way.