Should you buy Bam vs BN?

After the spinoff, Brookfield investors have to allocate between BAM and BN. BN is the old BAM but owns only 75% of asset management. BAM is an asset-light manager. Both stocks are currently undervalued. BAM is expected to deliver better returns vs BN with higher yield and growth. It may become one of the best dividend payers.

What's new with 'Bam'?

But that old BAM has now been split as well, making things even more complicated. The new 'BAM' is an asset-light asset manager that primarily generates profits via fees from the assets it manages for outside investors.

What happened to Bam & BN?

Then I learned that BAM has split off and now there is BAM and BN. Initially I wanted to invest in BAM since they were the Brookfield parent company. If I understand correctly BN is now the new parent company ticker. There's not much info on BN at the moment. Even on their website the information isn't terribly helpful.

What does Bam stand for?

Brookfield Asset M.. (BAM) Bank of New York M.. (BK) Brookfield Corp. engages in the management of public and private investment products and services for institutional and retail clients. The company is headquartered in Toronto, Ontario and currently employs 200,000 full-time employees.