Ares Management Corporation (ARES), headquartered in Los Angeles, California, operates as an alternative asset manager. Valued at $40.3 billion by market cap, the company invests in credit, real assets, private equity, and secondaries market.
Shares of this leading global alternative investment manager have notably underperformed the broader market over the past year. ARES has declined 22% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.4%. In 2026, ARES stock is down 23.3%, compared to the SPX’s 8.8% rise on a YTD basis.