- Brookfield has just spun off its reinsurance business to existing investors in the form of BAMR shares designed to provide economical returns equivalent to BAM shares.
- Compared with BAM shares, BAMR shares have limited tax benefits but overall are not so attractive for retail investors. However, BAMR shares may benefit institutional investors.
- By issuing additional BAMR shares to institutional investors, BAM can reach ultra-high returns on its capital invested in the reinsurance business.
For further details see:
A New Tailwind For Brookfield Asset Management - This Time From Retirees