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Fitch placed Brookfield Asset Management (BAM) to outlook negative on February 24th.Fitch currently rates BAM 'BBB.'

"The primary factor that could lead to a negative rating action is a determination that the quality of the subordinated investee dividend streams to Brookfield Asset Management, combined with recurring net fee revenue, are more consistent with a lower IDR."

https://www.fitchratings.com/creditdesk/press_releases/detai...
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