Post
Yuvi.
$BAM
资产管理规模扩大，就代表Brookfield利润等比例增长吗？
Brookfield Asset Management进入周五财报窗口。收费资产、管理费、业绩报酬和退出回款并不是同一口径。总规模增加可能来自估值变化，也可能来自新增资本。
若募资转成持续管理费且回款支持分配，盈利质量更好；若利润依赖少数退出或估值调整，我会降低对可重复收入的外推。
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