Ares Management: Fast Growth In A Slow Industry, Solid Relative Strength

Summary

  • Asset managers struggled in 2022 amid lower stock and bond markets, but alternative asset managers positioned well stood to benefit.
  • One alt money management firm beat on earnings in October and features a high growth outlook.
  • With an improving chart and several key events ahead, there's a lot for investors to like and take in. I outline key prices levels to watch.

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2022 was a dreadful year for investors. The S&P was lower by 19% while the total bond market featured its worst total return since the Barclays Agg’s inception in 1976. Asset managers indeed had a tough time keeping money and

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