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Apollo Investment News

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Investors should be aware of recent news regarding Apollo Investment Management. The company is generating pre-tax income of $5.70 per share and after the 20% tax rate, will be up to $4.56 per share. The income is from the spread business, which earns fees on long-term committed capital. This capital is generally locked up for seven or more years. The fees are not subject to mark-to-market and model fees.

Moreover, Apollo continues to focus on the high-net-worth market. The company has been approved by three bank platforms to offer its AAA product, which is a core equity replacement that aims to be the S&P 500 of alternative investments. In addition, the company has drawn interest from independent broker-dealers, registered investment advisors, and family offices. In addition, Apollo is expanding its presence in the Asia Pacific region.

In the short-term, investors should be cautious about Apollo’s prospects. The company has historically experienced losses in speculative securities. However, its growth prospects are improving as it has several levers in place to contribute to long-term structural growth in the fee-related earnings business. In addition, Apollo’s fixed annuity business is poised to grow in the long-term as interest rates continue to rise. This shift is expected to continue in the next few years.

Apollo Investment Corporation is a closed-end investment company that has chosen to be classified as a business development company under the Investment Company Act of 1940. The company invests in various forms of debt and loan investments, as well as in equity in private companies. It also invests in a variety of other securities, including public companies and structured products.

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