Brookfield
The latest research and outlooks in the ProAllocate library
- Fixed Income
Podcast: Rates with Wayne Dahl
Oaktree's Wayne Dahl discusses how the Federal Reserve's surprise rate increase is reshaping credit markets, diverging from expectations of 2026 rate cuts. He identifies where value can still be found in global credit amid this shifting rate environment.
- Private Markets
Renewable power infrastructure: The backbone of the power system
Brookfield argues that surging electricity demand from AI, electrification and data centers is outpacing supply, making renewable power, hydro and batteries core infrastructure assets. It contends that grid access, integrated contracting and scaled, disciplined execution—not just generation capacity—will determine investment value.
- Private Markets
What is asset-backed finance?
Asset-backed finance repays investors from pooled, contractually generated cash flows rather than a single borrower's fortunes, distinguishing it from traditional corporate credit. The piece argues specialised underwriting and structuring give access to a less crowded, diversified credit opportunity.
- Private Markets
Transport infrastructure: The rewiring of global trade
Diversifying, more resilient supply chains and surging AI, power and manufacturing investment are increasing demand for transport infrastructure even without strong trade growth. Corporates may sell stakes in essential transport assets to infrastructure investors seeking durable, high-return opportunities.
- Private Markets
Transport: The rewiring of global trade
Supply-chain diversification and AI/power/manufacturing investment are increasing demand for transport infrastructure even without strong trade growth, as corporates sell non-core transport assets to fund core investment. This creates opportunities for infrastructure investors to acquire hard-to-replicate assets with embedded customers and visibility into cash flows.
- Fixed Income
Credit Quarterly: New terms
The asset manager argues elevated interest rates represent a lasting repricing of capital rather than a temporary spike, creating richer yields for credit investors while straining weaker, highly leveraged borrowers. It recommends favouring short-duration credit income while using private capital solutions to exploit growing borrower distress.
- Private Markets
The evolution of infrastructure investing
Brookfield argues that digitalization, decarbonization and deglobalization are expanding infrastructure's investable universe, meaning institutional investors must move beyond narrow core allocations to build diversified, objective-driven portfolios across strategies and capital structures.
- Macro
Shall we repeal the laws of economics - Part III
The memo argues that Treasury buyback efforts to suppress long-term bond yields are cosmetic, failing to address root causes like persistent inflation, fiscal deficits, and rising capital demand from AI investment. It concludes fiscal discipline, not market intervention, is the only durable solution, while cautioning against wholesale abandonment of dollar assets.
- Private Markets
Podcast: Credit Crossroads with Bob O’Leary and Armen Panossian
Brookfield Credit's Bob O'Leary and Armen Panossian discuss forces reshaping the direct lending market in a client webcast, offering guidance on assessing risk and identifying opportunities amid growing complexity.