Brookfield Asset Management: AUM Hits Record-High of $1 Trillion

Brookfield Asset Management has reached a landmark by elevating its assets under management to a staggering $1 trillion, although its recent earnings fell short of expectations.

The company disclosed that its distributable earnings for the second quarter were $548 million, or 34 cents per share, slightly missing the analysts’ forecast of 35 cents per share.

This figure represents an increase