BAM — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-10

• In terms of economic conditions in the U.S., real gross domestic product (“GDP”) is estimated to have grown by 1.7% for the quarter ended June 30, 2026, compared to an increase of 2.1% for the quarter ended March 31, 2026. U.S. inflation accelerated over the second quarter of 2026 with estimates rep…

• The U.S. Federal Reserve maintained the Federal Funds target range at 3.50%–3.75% in June 2026, extending its pause following a series of rate cuts in late 2025. While the Federal Open Market Committee acknowledged that economic activity continues to expand at a solid pace and labor market condition…

• median GDP growth forecast for 2026 while raising inflation projections. The U.S. Federal Reserve continues to indicate that future policy decisions will depend on incoming economic data and evolving risks to both inflation and growth. During the quarter ended June 30, 2026, the 10-year government b…

• Outside the U.S., GDP growth in the Eurozone remained subdued over the second quarter of 2026, with activity proving resilient but modest amid elevated geopolitical uncertainty and higher energy prices. At its June meeting, the European Central Bank raised its three key policy rates by 25 basis poin…

• •We also manage a real estate value add strategy, Real Estate Value-Add ("BREVA-H"), with a focus on the housing sector.

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• In terms of economic conditions in the U.S., real gross domestic product (“GDP”) is estimated to have grown by 1.3% for the quarter ended March 31, 2026, compared to an increase of 0.5% for the quarter ended December 31, 2025. U.S. inflation increased to 3.3% as of March 31, 2026, compared to 2.7% a…

• The U.S. Federal Reserve (the “Fed”) maintained the Federal Funds target range at 3.50%–3.75% in March 2026, following a series of rate cuts in late 2025, and signaled a data-dependent approach amid elevated macro uncertainty. The Fed highlighted balanced risks to both inflation and the labor market…

• persistent inflation pressures and a more cautious policy stance. During the quarter ended March 31, 2026, the 10-year government bond yields increased 0.15% in the U.S.

• Outside the U.S., GDP growth in the Eurozone remained subdued over the first quarter of 2026, with ECB indicators pointing to continued but modest expansion early in the year, albeit with a weaker outlook due to energy shocks and heightened uncertainty. The European Central Bank kept its key deposit…

• •We manage $20 billion of Fee-Bearing Capital in Brookfield Property Group (“BPG”) as of March 31, 2026, which we invest, on behalf of BN, directly in real estate assets. BPG owns, operates, and develops iconic properties in the world’s most dynamic markets with a global portfolio of retail, multifa…

Text added vs the prior filing · source: 10-Q · 2026-08-10

• A 10% adverse movement in the market capitalization of BEP, BIP and BBUC as of June 30, 2026 could result in a reduction of up to $19 million to the base management fees earned from these vehicles.