Nov 20 2024 14 mins 16
Oaktree Capital Management LP is looking for bargains in China even as other investors shun the world’s second-biggest economy, according to co-chairman and co-founder Howard Marks.
“I’ve made my whole career buying assets that other people consider uninvestable and when you do that, you have a chance of getting a bargain,” Marks said in a Bloomberg interview with Haslinda Amin. Comments about China being uninvestable are “music to my ears,” he said.
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