|Bid||78.82 x 1000|
|Ask||79.00 x 800|
|Day's range||77.50 - 80.15|
|52-week range||53.15 - 87.50|
|Beta (5Y monthly)||1.36|
|PE ratio (TTM)||84.70|
|Forward dividend & yield||3.08 (4.12%)|
|Ex-dividend date||16 Mar 2023|
|1y target est||N/A|
NEW YORK, March 22, 2023--Ares Management Corporation ("Ares") (NYSE: ARES), a leading global alternative investment manager, and Mubadala Investment Company ("Mubadala"), a global sovereign investor, today announced the formation of a joint venture to invest in global credit secondaries opportunities.
NEW YORK, March 07, 2023--CION Ares Management LLC, a joint venture between affiliates of CION Investments ("CION"), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation ("Ares"), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund ("CADC" or the "Fund") will increase its distribution rates for all share classes, effective as of April 1, 2023.
NEW YORK, February 28, 2023--BlueCove Limited ("BlueCove"), the London-based scientific fixed income manager, and Ares Management Corporation ("Ares") (NYSE: ARES), a leading global alternative investment manager, announced today that they have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with the option to acquire control of the business over a multi-year term. Terms of the transaction were not disclosed.