Better Buy: Brookfield Asset Management vs. Blackstone
Brookfield Asset Management (NYSE: BAM) and Blackstone (NYSE: BX) are heavyweights in the alternative asset management industry. Brookfield currently has more than $385 billion of assets under management (AUM), focused primarily on real estate, renewable energy, and infrastructure. Blackstone, meanwhile, has $545 billion of AUM, focused on real estate, private equity, and energy.
Given these investment firms' similarity in size and expertise, investors probably only want to hold one of them in their portfolio. Here's a look at which one is the better buy for the long haul.
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Source Fool.com
