Ares Australia Management has launched its first Australian product, the Ares Global Credit Income Fund. The Fund was developed to meet the strong demand from Australian investors for strategies that aim to deliver high levels of income with a focus on capital preservation while lowering concentration risks in their investment portfolios.
The Fund is an actively-managed dynamic and flexible strategy designed for shifting markets to generate steady income with a focus on capital preservation. Ares has delivered compelling risk-adjusted returns to investors for more than two decades through different cycles, with a demonstrated record of outperforming in times of market dislocation. Ares’ U.S. and London-based senior portfolio managers average more than 20 years of investing experience and have a long history of attractive performance in underwriting and managing credit across the Fund’s investable asset classes: corporate bonds, bank loans and asset backed securities.
The Fund has a target distribution of 3% to 4% per annum paid monthly. Seeking to generate stable income, the Fund expects to invest in a highly diversified portfolio of carefully selected credit issuers.