Brookfield Asset Management Appoints New Chief Investment Strategist
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.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.