ARES, NYSE

Ares Management Corporation (ARES)

Price (as of October 25)

68.93USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

CNS

Cohen & Steers, Inc.

-0.12

FCRD

First Eagle Alternative Capital BDC, Inc.

-0.05

HL.L

Hargreaves Lansdown plc

-0.04

ABDN.L

abrdn plc

-0.04

HYW

Hywin Holdings Ltd.

-0.04

FDUS

Fidus Investment Corporation

-0.04

GCMG

Grosvenor Capital Management, L.P.

-0.03

CIXX

CI Financial Corp.

-0.03

BBUC

Brookfield Business Corporation

-0.03

CSWC

Capital Southwest Corporation

-0.03

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Highest within Industry

Symbol Correlation

AMK

AssetMark Financial Holdings, Inc.

0.58

AMP

Ameriprise Financial, Inc.

0.53

AMG

Affiliated Managers Group, Inc.

0.48

ARCC

Ares Capital Corporation

0.42

ATCO

Atlas Corp.

0.39

BKCC

BlackRock Capital Investment Corporation

0.15

MNG.L

M&G plc

0.12

BCSF

Bain Capital Specialty Finance, Inc.

0.08

BK

The Bank of New York Mellon Corporation

0.04

AAMC

Altisource Asset Management Corporation

0.04

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Profile

Sector:
Financial Services
Industry:
Asset Management

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company’s Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company’s Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.