Brookfield wants to move for some US index fund love

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The story "Brookfield wants to move for some US index fund love" was covered 12 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 12h ago

Brookfield wants to move for some US index fund love - Financial Times

Quick Summary:

And what makes this so intriguing is that the move seems to be all about getting included in various US stock market indices.

We’re not sure what smaller markets can do to fight back against the gravitational pull of America’s financial system, but FTAV is pretty confident that with indices mattering more and more, it is only a matter of time before they get regulated as fiduciaries rather than publishers . . .

Canadian alternatives giant Brookfield Asset Management hosted an investor day this week to explain its “tremendous opportunities”.