Shares of Brookfield Asset Management Ltd. (BAM) surged 5.09% during intraday trading on Wednesday, following the release of its fourth-quarter 2025 financial results.
The alternative asset manager reported record quarterly fee-related earnings of $867 million, a 28% year-over-year increase, while distributable earnings rose 18% to $767 million. Total revenue for the quarter climbed to $1.39 billion, surpassing analyst expectations. The company also announced a 15% increase in its quarterly dividend to $0.5025 per share.
Investor sentiment was further bolstered by the appointment of Connor Teskey as the new Chief Executive Officer, marking a planned leadership transition. The company highlighted a record quarterly fundraising of $35 billion and full-year fundraising of $112 billion, signaling strong investor confidence and robust capital inflows.
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