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0.0330396475770925 0.0770925110132159 0.0792951541850221 0.077092511013216 0.107929515418502 0.138766519823789 0.129955947136564 0.127753303964758
Stock impact report

Ares Management, L.P. Reports Fourth Quarter and Full Year 2017 Results

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
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE:ARES) today reported its financial results for its fourth quarter and year ended December 31, 2017. “The fourth quarter of 2017 concluded a record year for Ares as we generated year over year management fee and fee related earnings growth of 13% and 26%, respectively. We saw double digit growth in our assets under management and margin improvement from scale efficiencies in our business,” said Michael Arougheti, Chief Executive Officer of Ares. “Our after-tax economic net income growth of 37% reflected strong fund investment performance across our primary investment strategies. Going forward, we believe that Ares is well-positioned to capitalize on the industry growth for alternative investments and to continue to perform well for our investors.” “This morning, we announced that we have changed our corporate tax status which we believe wi Show less Read more
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