Perspectives

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“IRRational” Thinking: How the IRR Reinvestment Rate Myth Is Distorting Investment Decisions

September 9, 2025 7 min read
In this article, we aim to dispel the myth that interim cash flows must be reinvested at the stated internal rate of return (IRR), and we propose solutions to manage the discordance between IRR and time-weighted return (TWR).
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Asset-Based Finance: A Day in the Life

September 8, 2025 03:56 watch time
In this animated video, we explore a “Day in the Life” of the average person through the lens of Asset-Based Finance (ABF). Nearly everything you encounter—from the time you wake up to the time you go to sleep—is connected to ABF.
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Navigating Exposure to Alternative Real Estate

August 27, 2025 7 min read
Alternative real estate sectors offer attractive diversification and return potential, but present significant practical barriers to entry for most investors. In the following article, we explore these barriers and compare the outcomes of diversified managers with the results from simulations, investor-led allocation strategies.
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Staying the Course Amid Tariff News and Market Volatility

August 5, 2025 3 min read
Through different administrations, market environments and headlines, Ares has been dedicated to staying the course, finding opportunities and growing even in times of market dislocations.
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