Markets are “missing the point” that loans are safe, Arougheti said in a Bloomberg Television interview Thursday. “That’s why I work in private markets, the markets trade on momentum, there’s a lot of forces in the public markets that are not tethered to fundamentals.”Panelists including Ares’ head of investment strategy, Brendan McCurdy, discussed how to make alternatives a more central part of portfolios at the IPEM event on Feb. 5. At the same time, McCurdy’s boss and Ares Chief Executive Officer Michael ...