Brookfield Asset Management (NYSE: BAM) invests in physical assets, including real estate, energy, and infrastructure investments. The firm has over $100 billion in assets under management.^[1] Essentially a publicly-traded private equity firm, Brookfield earns over 50% of its revenue by owning, renting, and operating office and residential properties. The firm also invests in global hydroelectric power generation plants, timberlands, and electricity transmission infrastructure in Brazil and Canada. Brookfield invests capital on behalf of its institutional investors and itself. In most cases, institutions provide funds for BAM to manage.

Rising Interest rates as well as fluctuating foreign exchange rates affect BAM operations. When interest rates rise, Brookfield (and the firms whose money Brookfield manages) is less inclined to borrow and make leveraged investments. Brookfield is headquartered in Canada and owns and operates properties, power plants, and timberlands across the globe, making the firm subject to worldwide foreign exchange rates. Also, adverse weather conditions around the globe hurt BAM's timberland and hydroelectric power segments.

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