Brookfield profit falls 39% as rates rise; Carney to chair asset-manager spinoff - The Globe and Mail

Investment colossus says new spinoff will be named Brookfield Asset Management while current company to be renamed Brookfield Corp.

Brookfield Asset Management Inc. BAM-A-T CEO Bruce Flatt says the inflationary environment is enhancing the value of its investments - but the companys second-quarter results show it is not completel… [+4981 chars]

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