Brookfield Corporation Aims for 20% Annual Earnings Growth Over 5 Years

AI Summary

Brookfield Corporation (NYSE: BN) plans to grow distributable earnings by 20% or more annually over the next five years. The company currently has around $180 billion in its own capital and $135 billion in insurance assets, with a total of $1 trillion in assets under management at Brookfield Asset Management (NYSE: BAM). It operates in five investment categories: infrastructure, renewable power, real estate, private equity, and credit, aiming to capitalize on global growth. This strategy may position Brookfield favorably in the market if successfully implemented.