Brookfield Appoints Kim Redding as Chief Investment Strategist
08 Juli 2013 - 2:22PM
Marketwired
Brookfield Asset Management Inc. ("Brookfield") (NYSE:BAM)
(TSX:BAM.A) (EURONEXT:BAMA), is pleased to announce the appointment
of Mr. Kim G. Redding to the position of Chief Investment
Strategist. Mr. Redding, formerly chief executive officer of
Brookfield Investment Management, has led Brookfield's public
securities investment platform since 2009 and has over 30 years of
investment experience, focused on Real Assets.
As Chief Investment Strategist, Mr. Redding will advise on
Brookfield's global investment strategy across its more than $175
billion portfolio of assets under management, represent
Brookfield's expertise and capabilities to the global marketplace
and guide Brookfield's thought leadership initiatives related to
Real Asset investment and operations.
Commenting on Mr. Redding's appointment, Bruce Flatt,
Brookfield's Chief Executive Officer, said: "We are pleased Kim has
taken on the role of Brookfield's Chief Investment Strategist. With
over three decades of experience, Kim is a leading authority on
investing in Real Assets. We believe his expanded role will enhance
our ability to both earn superior risk adjusted returns and
communicate our strategies to our clients."
Mr. Redding stated: "Real Assets are poised to become a
prominent component of investor allocations in coming years. With
over 100 years of Real Asset experience, Brookfield is
well-positioned to champion the benefits of the asset class and
provide value-added investment opportunities. I am excited to help
shape these opportunities and share Brookfield's expertise with our
clients."
Mr. Redding, based in Chicago, Illinois, has specialized in the
management of institutional capital invested in Real Assets since
1986, with a particular focus on real estate and infrastructure. He
founded the predecessor to Brookfield Investment Management's
current public equities securities platform.
Mr. Redding will remain co-Chief Investment Officer of
Brookfield's public securities platform along with Mr. Craig Noble,
who has been appointed Chief Executive Officer of Brookfield
Investment Management.
Brookfield Asset Management Inc. is a global alternative asset
manager with over $175 billion in assets under management. The
company has over a 100-year history of owning and operating assets
with a focus on property, renewable power, infrastructure and
private equity. It has a range of public and private investment
products and services, which leverage its expertise and experience
and provide Brookfield with a competitive advantage in the markets
where it operates. Brookfield is co-listed on the New York and
Toronto stock exchanges under the symbol BAM and BAM.A,
respectively, and on NYSE Euronext under the symbol BAMA. For more
information, please visit our website at www.brookfield.com.
Forward-Looking Statements
Note: This news release contains forward-looking information
within the meaning of Canadian provincial securities laws and
"forward-looking statements" within the meaning of Section 27A of
the U.S. Securities Act of 1933, as amended, Section 21E of the
U.S. Securities Exchange Act of 1934, as amended, "safe harbor"
provisions of the United States Private Securities Litigation
Reform Act of 1995 and in any applicable Canadian securities
regulations. The word "will," or derivations thereof and other
expressions that are predictions of or indicate future events,
trends or prospects and which do not relate to historical matters
identify forward-looking statements. Forward-looking statements in
this news release include statements in regards to the sale of
Longview Timber and Longview Fibre Paper and Packaging. Although
Brookfield Asset Management believes that such forward-looking
statements and information are based upon reasonable assumptions
and expectations, the reader should not place undue reliance on
forward-looking statements and information as such statements and
information involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of the company to differ materially from anticipated
future results, performance or achievement expressed or implied by
such forward-looking statements and information.
Factors that could cause actual results to differ materially
from those contemplated or implied by forward-looking statements
include: economic and financial conditions in the countries in
which we do business; the behaviour of financial markets, including
fluctuations in interest and exchange rates; availability of equity
and debt financing; and other risks and factors detailed from time
to time in the company's form 40-F filed with the Securities and
Exchange Commission as well as other documents filed by the company
with the securities regulators in Canada and the United States
including the company's most recent Management's Discussion and
Analysis of Financial Results under the heading "Business
Environment and Risks."
We caution that the foregoing list of factors that may affect
future results is not exhaustive. When relying on our
forward-looking statements to make decisions with respect to
Brookfield Asset Management, investors and others should carefully
consider the foregoing factors and other uncertainties and
potential events. Except as required by law, the company undertakes
no obligation to publicly update or revise any forward-looking
statements or information, whether written or oral, as a result of
new information, future events or otherwise.
Contacts: Brookfield Asset Management Inc. Andrew Willis
Communications and Media (416) 369-8236 (416) 363-2856
(FAX)andrew.willis@brookfield.com Brookfield Asset Management Inc.
Amar Dhotar Investor Relations (416) 359-8629 (416) 363-2856
(FAX)amar.dhotar@brookfield.com www.brookfield.com
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