Compare · ARES vs NIE
ARES vs NIE
Side-by-side comparison of Ares Management Corporation (ARES) and Virtus Equity & Convertible Income Fund (NIE): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ARES and NIE operate in Investment Managers (Finance), so they compete in similar markets.
- ARES is the larger of the two at $41.85B, about 57.1x NIE ($732.9M).
- Over the past year, ARES is down 26.4% and NIE is up 11.9% - NIE leads by 38.3 points.
- ARES has been more active in the news (8 items in the past 4 weeks vs 2 for NIE).
- ARES has more recent analyst coverage (25 ratings vs 0 for NIE).
- Company
- Ares Management Corporation
- Virtus Equity & Convertible Income Fund
- Price
- $126.89+0.96%
- $26.42+0.04%
- Market cap
- $41.85B
- $732.9M
- 1M return
- +3.06%
- -0.04%
- 1Y return
- -26.38%
- +11.90%
- Industry
- Investment Managers
- Investment Managers
- Exchange
- NYSE
- NYSE
- IPO
- 2014
- 2007
- News (4w)
- 8
- 2
- Recent ratings
- 25
- 0
Ares Management Corporation
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Virtus Equity & Convertible Income Fund
AllianzGI Equity & Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. AllianzGI Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.
Latest ARES
- ARES CAPITAL CORPORATION ANNOUNCES INAUGURAL $1 BILLION COMMERCIAL PAPER PROGRAM
- Co-President Jacobson Blair gifted 8,000 shares, decreasing direct ownership by 0.72% to 1,103,221 units (SEC Form 4)
- Former Black Creek Founders Launch Speed Bay, a Shallow Bay Industrial Platform, with $250 Million Strategic Commitment from BDT & MSD Partners
- Ares Management Corporation to Present at the Morgan Stanley US Financials Conference
- Ares Management Corporation to Present at the Goldman Sachs European Financials Conference
- Ares Management Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
- Ares Capital Corporation and Ares Strategic Income Fund Announce Increases in Size, Enhanced Terms and Extended Maturities for Bank-Led Revolving Credit Facilities
- The Scion Group and Ares Establish Joint Venture to Acquire $910 Million U.S. Student Housing Portfolio
- SEC Form SCHEDULE 13G filed by Ares Management Corporation
- SEC Form SCHEDULE 13G filed by Ares Management Corporation
Latest NIE
- Virtus Equity & Convertible Income Fund Announces Increase to Quarterly Distribution and Discloses Sources of Distribution – Section 19(a) Notice
- Virtus Closed-End Funds Announce Results of Joint Annual Meeting of Shareholders
- SEC Form N-CEN filed by Virtus Equity & Convertible Income Fund
- SEC Form N-CSR filed by Virtus Equity & Convertible Income Fund
- Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice
- Virtus Equity & Convertible Income Fund Announces Special Year-End Distribution and Discloses Sources of Distribution – Section 19(a) Notice
- Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice
- SEC Form N-CSRS filed by Virtus Equity & Convertible Income Fund
- Four Virtus Closed-End Funds Add Portfolio Manager
- Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice