Ares Australia Management (AAM) seeks to deliver innovative investment solutions with consistent and attractive investment returns for investors throughout market cycles.
Ares Global Credit Income Fund (AGCIF)
Ares Diversified Credit Fund (ADCF)
Ares Climate Infrastructure Opportunities
Insights
The latest insights and opportunity set in global credit markets.
19 June 2024
How the “higher for longer” world influences where this investor puts cash to work
The following was produced and published as part of Livewire’s The Pitch on 19 June 2024. With spreads so tight and rates so high, where is the best place to make your cash work for you? Interest rate markets have been extremely volatile – with the number of cuts priced into the US Federal Reserve’s tool reduced from
12 June 2024
This is no Big Short: Why CLOs are different to the product that sparked the GFC
The following was produced and published as part of Livewire’s The Pitch on 12 June 2024. Michael Burry and Steve Eisman were among the few investors who spotted the rotten state of CDOs. But CLOs are, thankfully, different. In the beginning, the Collateralised Debt Obligation (or CDO), was a humble and diversified vehicle by which a slew
5 June 2024
3 distinct opportunities available to the yield-seeking investor
The following was produced and published as part of Livewire’s The Pitch on 5 June 2024. These three investment ideas are designed to anchor your portfolio, generate outsized yield, and profit from deep discounts. Prior to 2022, fixed income was an asset class that was associated with income and defensive-oriented characteristics, but did not offer much yield.
3 June 2024
Private Debt Dominance: What drives private credit’s outsized yield and lower risk, and is it sustainable?
Private Market Insights Based on recent headlines, it seems the financial news media has finally picked up on private credit. Private credit’s allure, quite simply, is its return for-risk profile. In today’s markets, it has one of thehighest Sharpe ratios, particularly when compared to other liquid credit alternatives. Current returns1,2 are in the low double
1 June 2024
Don’t Let Biases Towards Global Credit Overshadow the Opportunity
Executive Summary While higher yielding segments of global credit markets can add alpha to diversified investment portfolios, these opportunities are often overlooked by Australian investors as the preference historically has skewed towards traditional asset classes. The most common pushback to investing in global credit markets that we hear is “credit spreads are too tight” or