BAM's Infrastructure Business Set to Benefit from Digitalization, Deglobalization, and Decarbonization Trends.

BAM, a leading global asset manager, has reported 21% y/y revenue growth to $4.8bn in FY25, driven by higher base management fees and a 32% y/y surge in incentive fees. The firm's infrastructure business is positioned at the intersection of three powerful trends that will reshape the global economy, creating a multi-decade runway for sustained growth. BAM aims to deliver ~20% annual earnings growth over the next five years and beyond.