Oaktree Capital Group LLC (NYSE:OAK), famous for its bets on distressed debt, is having a good time so far in 2013. The firm's stock is up, and expectations are high.
A Morgan Stanley (NYSE:MS) report on Oaktree Capital Group LLC (NYSE:OAK) reports some strong trends in the asset manager’s business. Three factors taken from a meeting with the firm’s management were particularly important.
The first of these is, obviously, the high distribution. Morgan Stanley (NYSE:MS) estimates 9% yield in 2013, and 7% in 2014 before hitting nearly 10% in 2015. The value oriented firm is also working on growth, particularly by expanding into Setup a free account to get access to this article (no credit card required).Login required to continue reading.
