"We continue to think rates globally will be low for at least this cycle. Europe, Japan, the UK will all be even lower than the US. As a result all the real asset products and investments we make can still earn a very good return on capital," said Brookfield chief executive Bruce Flatt.
PHOTO: KELVIN CHNG
REAL assets such as infrastructure and real estate are expected to continue to generate attractive returns, even as interest rates creep upwards.
Bruce Flatt, chief executive of Brookfield Asset Management, believes interest rates will stay relatively low - a good backdrop for real assets...