Chinese banks’ deteriorating bad loans portfolio is proving to be a boon for distressed debt managers such as Oaktree Capital. Photo: AFP

China presents opportunity for distressed debt manager Oaktree as bad loans pile up

  • Rising NPLs in China make it an attractive investment option, says Oaktree’s Howard Marks
Topic |   Banking & Finance

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Chinese banks’ deteriorating bad loans portfolio is proving to be a boon for distressed debt managers such as Oaktree Capital. Photo: AFP
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