-
Brookfield Corporation Class A Limited Voting Shares (BN)
-
Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: This Friday, BAM shareholders (but no other Brookfield entity, correct?) will vote on becoming US-domiciled, and, as-such, eligible for inclusion in US indices.
Assuming approval, (a) should this change catalyze an expansion of its P/E multiple (or is that already priced-in), and (b) should this change catalyze, indirectly, a proportional expansion for BN?
Assuming approval, (a) should this change catalyze an expansion of its P/E multiple (or is that already priced-in), and (b) should this change catalyze, indirectly, a proportional expansion for BN?
5i Research Answer:
It is probably at least partially priced in. However, there are hundreds of funds that are only...