Brookfield Asset Management, an alternative asset managing firm, announced today that it appointed Mr. Kim G. Redding as its new chief investment strategist. Redding is the former chief executive officer of Brookfield Investment Management.

The new hire has been in the investment industry for over 30 years, spearheading Brookfield Investment Management's public securities investment campaigns since 2009.

On his new position as the chief investment strategist, Redding will be performing advising duties on the company's global investment strategies, which include over US$175 billion worth of company assets.

Brookfield's chief executive officer Bruce Flatt commented on the hiring, "We are pleased Kim has taken on the role of Brookfield's Chief Investment Strategist. With over three decades of experience, Kim is a leading authority on investing in Real Assets. We believe his expanded role will enhance our ability to both earn superior risk adjusted returns and communicate our strategies to our clients."