Ayalon Trust Fund (4D) Global Stocks on Brookfield Corporation
Thesis
Brookfield is viewed as a long-term compounder built around a growing asset-management franchise and a collection of operating subsidiaries. The letter highlights approximately 20% annual growth in assets under management and notes that shareholders participate in the management and success fees generated by the platform. Brookfield is also investing in AI beneficiaries, particularly data centers, while earnings have continued to grow at double-digit rates despite share-price weakness. The fund sees potential for Brookfield to evolve toward a Berkshire Hathaway-style model.
“Brookfield continues to increase the AUM (Assets Under Management) on average by ~20% per annum.”
Key risks
- Leadership transitioned from Bruce Flatt to Connor Teskey in February 2026
- The stock fell 21% in 2025 and another 3% year-to-date