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Emerging markets attractive with valuations down: Oaktree's Marks
Famed debt investor says there is a bond bubble, but high yield is not expensive relative to other bonds
Add BT as a preferred sourcePublished Sun, Nov 1, 2015 · 09:50 PM
Singapore
EMERGING markets are attractive because valuations have corrected while the long term outlook is bright, said famed debt investor Howard Marks.
"They're not the meat of what we do (but) I think they are attractive," Mr Marks, co-founder and co-chairman of alternative investment firm Oaktree Capital Management, told The Business Times in an interview.
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