Oaktree Co-CEO Calls Market Pricing ‘Head-Scratcher’ Given Risks

Oaktree Capital Management Co-Chief Executive Officer Armen Panossian warned that markets have been too quick to shrug off a slew of fundamental issues, which are prompting his firm to preserve...

By Soma Biswas, Dani Burger · Bloomberg Markets

Oaktree Capital Management Co-Chief Executive Officer Armen Panossian warned that markets have been too quick to shrug off a slew of fundamental issues, which are prompting his firm to preserve cash for when a correction comes.