13th May
Ares Australia Management (“AAM”), a joint venture between Fidante Partners and Ares Management Corporation (NYSE: ARES) has launched its first product in Australia, the Ares Global Credit Income Fund. AAM developed the Fund owing to a growing demand for an investment approach that offers high-income generation while preserving capital especially during these uncertain times when many businesses continue to register low returns. Teiki Benveniste, Ares Australia Management Head indicated that in a low interest, uncertain and volatile environment as the one being experienced now, investors are keen on finding reliable sources of income without the risk of losing capital, while
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Ares Australia Management has launched its first Australian product, the Ares Global Credit Income Fund.
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The fund will offer its investors a flexible and dynamic investment plan meant to navigate shifting markets.
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The firm is keen on investing in credit issuers with highly diversified portfolios and stable incomes.
