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Stock impact report

Australia's $1 Trillion Market Draws UK Fund Manager Coller [Yahoo! Finance Canada]

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Most Read from Bloomberg The firm, which manages $38 billion, has launched two secondary feeder funds — Coller Private Capital Secondaries Fund and Coller Private Equity Secondaries Fund, said David Hallifax, head of Australia and New Zealand private wealth distribution in an interview. Both products target Australian investors keen to diversify investment portfolios away from the public space, Hallifax added. Coller joins a growing list of asset managers promoting private investment vehicles to wealthy individuals in Australia, a market that's worth over $1 trillion, according to one estimate. Firms including Ares Management Corp., Brookfield Oaktree Wealth Solutions and Nuveen LLC have launched similar products as a hedge against a possible stock market slump. Such loans are able to offer high returns in a period of elevated interest rates. Coller's private credit funds have around 3,500 loans, said Hallifax. “So if one of the loans was to be distressed, it's not going to hav Show less Read more
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