Ares Management is one of the world's largest alternative-asset managers, with $622.5 billion in total assets under management, or AUM, including $384.9 billion in fee-earning AUM, at the end of 2025. The company has four main business segments: credit strategies ($406.9 billion in total AUM and $249.8 billion in fee-earning AUM), private equity, ($25.3 billion/$14.4 billion), real estate/real assets ($139.1 billion/$84.1 billion), and other alternatives ($51.2 billion/$36.6 billion). The firm primarily serves institutional investors (80% of AUM) and high-net-worth individuals (20%). Ares operates through more than 35 offices in over 15 countries around the globe.
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The chart shows the growth of an initial investment of $10,000 in Ares Management Corporation Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Ares Management Corporation Class A Common Stock (ARES) has returned -37.04% so far this year and -10.15% over the past 12 months. Looking at the last ten years, ARES has achieved an annualized return of 20.94%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Ares Management Corporation Class A Common Stock (ARES) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.00% | -24.84% | -0.16% | -6.17% | ||||||||
| 2025 | 11.47% | -11.42% | -16.05% | 3.70% | 7.68% | 5.18% | 7.52% | -0.38% | -9.12% | -5.59% | 1.64% | 4.59% |
| 2024 | 3.12% | 8.93% | -0.11% | 0.24% | 5.49% | -5.78% | 14.01% | -4.04% | 7.03% | 7.67% | 3.53% | -0.03% |
| 2023 | 19.51% | -2.42% | 4.05% | 5.81% | -1.24% | 10.63% | 3.47% | 4.05% | -1.11% | -4.78% | 13.75% | 6.34% |
| 2022 | -1.68% | 1.51% | 0.77% | -19.47% | 7.48% | -20.11% | 26.28% | 3.90% | -15.45% | 21.00% | 1.58% | -12.26% |
| 2021 | -4.52% | 13.94% | 5.92% | -6.75% | 4.59% | 13.90% | 12.47% | 7.21% | -4.35% | 13.88% | -4.75% | -1.49% |
| 2020 | 0.64% | -8.69% | -10.97% | 14.58% | 15.51% | 4.69% | 0.86% | 1.43% | -0.32% | 3.50% | 5.45% | 3.63% |
| 2019 | 19.47% | 12.32% | -2.19% | 4.53% | 5.29% | 1.99% | 11.17% | -1.02% | -7.42% | 9.84% | 10.78% | 7.60% |
| 2018 | 16.75% | 5.17% | -14.23% | 2.80% | -1.12% | -6.33% | 2.40% | 0.24% | 8.92% | -15.47% | 14.61% | -22.05% |
| 2017 | 3.15% | 9.09% | -13.67% | 4.24% | -8.14% | 1.93% | -1.63% | 2.19% | -1.08% | 0.27% | 7.82% | |
| 2016 | -4.54% | -3.62% | 0.21% | 23.40% | 5.60% | -4.13% | -4.29% | 2.40% | 12.94% |
The charts below present risk-adjusted performance metrics for Ares Management Corporation Class A Common Stock (ARES) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of ARES compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Ares Management Corporation Class A Common Stock volatility is 3.04%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 28.63B | 24.73B | 22.00B | 21.61B | 15.17B | 12.01B | 10.15B |
| Equity Attributable To Parent (USD) | 4.28B | 1.89B | 1.59B | 1.83B | 1.19B | 768.29M | 587.92M |
| Equity Attributable To Noncontrolling Interest (USD) | 4.40B | 2.58B | 2.21B | 1.99B | 1.28B | 1.09B | 806.42M |
| Equity (USD) | 8.68B | 4.47B | 3.80B | 3.81B | 2.47B | 1.86B | 1.39B |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 19.93B | 19.71B | 17.10B | 16.69B | 12.60B | 10.16B | 8.76B |
| Liabilities (USD) | 19.93B | 19.71B | 17.10B | 16.69B | 12.60B | 10.16B | 8.76B |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - |
| Current Assets (USD) | 28.63B | 24.73B | 22.00B | 21.61B | 15.17B | 12.01B | 10.15B |
| Assets (USD) | 28.63B | 24.73B | 22.00B | 21.61B | 15.17B | 12.01B | 10.15B |
Ares Capital (ARCC) offers a rare 10.8% dividend yield that appears sustainable despite the risks inherent in BDCs. The company's strong track record of stable-to-growing dividends over 16+ years, superior credit performance compared to peers, core earnings exceeding its dividend payout, and robust financial profile support the sustainability of its current dividend distribution.
Blue Owl Capital stock fell 1.89% after announcing it would cap redemptions at 5% for two of its funds due to elevated withdrawal requests. The move reflects broader concerns in the private credit sector, with peers like Apollo Global Management and Ares Management implementing similar restrictions. The sector faces headwinds from geopolitical tensions and concerns about AI's impact on software companies in private credit portfolios.
Wall Street experienced a sharp selloff on Friday driven by AI-related economic disruption concerns and hotter-than-expected producer price data. Major indices declined with the Dow falling 1.3% and Russell 2000 dropping 2.1%. Financial stocks and private equity firms led the losses, while Netflix rallied 12% after withdrawing from a bidding war for Warner Bros. Discovery.
Nvidia experienced profit-taking after earnings despite beating expectations, but analyst maintains $300 price target by end of 2026 and $500 by decade's end. Data center stocks also beat guidance with rising backlogs. Market volatility was driven by Blue Owl's private credit redemption freeze, impacting financial stocks. Despite recent volatility, strong economic growth and accommodative Fed policy are expected to support stock market momentum.
Blue Owl Capital (OWL) stock, trading near 52-week lows at $10.20-$10.30, offers an 8.7-9.0% dividend yield but carries significant risks. The company's heavy concentration in private credit, particularly AI infrastructure and tech lending, exposes it to valuation repricing risks. Recent redemptions of $527M from its tech-focused fund and elevated redemptions across multiple vehicles signal client concerns. With adjusted free cash flow yield of only 3.1% after accounting for stock-based compensation, the dividend appears partially funded by share dilution. The article concludes OWL is a leveraged macro trade on private credit rather than a safe yield play, recommending avoidance for cautious investors.
Wall Street strategist Ed Yardeni rejected a viral research note from Citrini Research warning that AI could trigger economic collapse by 2028. While Citrini outlined a scenario where AI-driven worker replacement leads to unemployment above 10% and S&P 500 decline of 40%, Yardeni argues AI augments rather than replaces workers and maintains his S&P 500 10,000 target by decade's end. The debate centers on whether AI ultimately strengthens or weakens the economy.
Wall Street experienced significant losses on Monday as risk sentiment deteriorated due to AI-related credit concerns and trade policy uncertainty. Major indices fell over 1%, with financial and technology sectors hit hardest. Asset managers faced particular pressure following Blue Owl Capital's announcement of a $1.4 billion asset liquidation from a private credit fund, triggering a wave of selling across the financial sector.
Multiple major M&A deals announced including SpaceX's merger with xAI (valued at $1T and $250B respectively), SiTime's $2.9B acquisition of Renesas' timing unit, Concorde International's $600M merger with YOOV Group, and Kirin's $775M sale of Four Roses bourbon to E. & J. Gallo. Meanwhile, billionaire Ivan Glasenberg's attempted $200B+ merger between Glencore and Rio Tinto collapsed after serious negotiations.
Ares Management has completed its acquisition of London-based systematic fixed-income manager BlueCove Limited. The BlueCove business will operate as Ares Systematic Credit with 60 professionals based in London, specializing in investment and portfolio management. The acquisition adds approximately $5.5 billion in assets under management to Ares' Credit Group, bringing total assets managed to $397 billion as of September 30, 2025.
Makarora Management LP, together with Ares Alternative Credit funds, has completed the acquisition of Plymouth Industrial REIT in an all-cash transaction valued at $2.1 billion. Plymouth shareholders received $22.00 per share in cash, and the company will no longer be traded on public securities exchanges.