Brookfield Asset Management Ltd. (BAM) Earnings Call Transcripts

Brookfield Asset Management Ltd.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Brookfield Asset Management (BAM:CA) reported a strong performance with fee-related earnings (FRE) increasing by 11% to $772 million and distributable earnings (DE) rising to $702 million, up 7% year-over-year. The company raised $21 billion in capital during the quarter, positioning itself for what management expects to be a record fundraising year. Management reiterated confidence in exceeding long-term growth targets, supported by strategic acquisitions and a robust investment environment.

Reported metrics

Guidance from management

Management expects to exceed long-term growth targets for 2026, anticipating record fundraising and strong performance from both private equity and infrastructure funds. Guidance remains optimistic with no changes indicated.

What management said

Thanks, Ken. There's no doubt. Whenever we acquire a partner manager, we specifically pick market leaders in a given sector, where we think we can accelerate the growth profile of that business as part of the Brookfield platform. And I think we're really beginning to see that play out. We had 3 partner managers raise new funds this year that were not even the biggest of their kind, but biggest in their industry. And ...

So I'll perhaps address that in reverse order. The demand for energy is at an unprecedented high and will continue to be at an unprecedented high throughout the end of this decade and well into the next one and perhaps beyond. This is going to require take your slogan, take your catch phrase, it's going to require any and all or all of the above type energy solutions. And we're fortunate to be a leading player across...

What analysts pressed on

Analysts expressed concerns regarding the potential impact of geopolitical uncertainties and market volatility on fundraising and investment strategies. There were also questions about the integration of Oaktree and its effect on margins.

Main topics on the call

• Record Fundraising Expectations — Management expects 2026 to be Brookfield's largest fundraising year ever, driven by strong demand for their flagship private equity and infrastructure funds. Connor Teskey stated, "We expect it to be a record year for fu...
• Oaktree Integration — The integration of Oaktree is anticipated to enhance Brookfield's credit capabilities and operational efficiencies. Armen Panossian noted, "Bringing the platforms together eliminates those barriers and creates immediate ...
• Strong Fee-Related Earnings Growth — FRE for the quarter was reported at $772 million, reflecting an 11% increase year-over-year. This growth is attributed to the high-quality recurring nature of their revenue base, as stated by Hadley Marshall.
• Strategic Acquisitions and Partnerships — Brookfield's acquisition of Just Group and the upcoming Oaktree acquisition are expected to drive significant growth. Teskey highlighted, "We are seeing tangible momentum for multibillion-dollar partnerships across multi...

Read the full Brookfield Asset Management Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Brookfield Asset Management Ltd. earnings call transcripts on record, spanning February 8, 2023 to August 5, 2026. Based on this history, Brookfield Asset Management Ltd. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BAM

Exchange

TSX

Country

CA

Sector

Financials

Industry

Capital Markets

Calls on record

25

First call

February 8, 2023

Most recent

August 5, 2026

Reporting cadence

quarterly