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Oaktree Seeks Hidden Gems in a World of Low Returns, Marks Says - Bloomberg

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Howard Marks, co-founder of distressed debt firm Oaktree Capital Management LLC, says he’s looking to find “hidden gems” in a world where too many buyers are driving returns down.

“Ever since the Fed and the Treasury and the world’s central banks rescued the global economy,” and the Fed injected trillions of dollars into markets, investors have became “forced buyers,” Marks said in a video interview Wednesday afternoon. That turned bargain hunting into a “very challenging” activity, he said.

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"low" - Google News
August 26, 2021 at 06:00PM
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Oaktree Seeks Hidden Gems in a World of Low Returns, Marks Says - Bloomberg
"low" - Google News
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