
Oaktree's Panossian on Compelling Credit Options: Credit Crunch
FICC Focus
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Evolution of the distressed space and risk control in investment philosophy
This chapter discusses the evolution of distressed debt market and Oaktree's focus on it due to its misunderstood and mispriced nature. It emphasizes the importance of risk control in their investment approach and highlights their high batting average and attractive risk-adjusted returns.
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