Trump win fuels distressed debt hope

Oaktree's distressed debt arm sees opportunities as financial markets gyrate in the wake of Donald Trump's 2016 US election victory.

Trump win fuels distressed debt hope

The prospect of a Donald Trump presidency has thrown financial markets around the world into turmoil. But distressed debt investors are at their most comfortable when the news is negative and one such investor told FinanceAsia he was sanguine about the next four years.

Trump’s anti-free trade stance will likely cause increasing volatility in asset prices, giving funds more chance of snapping up the debt of troubled companies as cheaply as possible, said seasoned...

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