Oaktree Insights: Thriving in an Era of ‘Lower for Longer’

Major effects of today’s low-interest rate environment on the investing landscape in Europe? Pedro Urquidi (Head of Distressed Debt Europe) Low-rate environment has clearly pushed valuation multiples to cyclically high levels. While it’s most prominent in the public markets, it has spread to private markets Increased use of leverage in an attempt to push single-digit […]

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Market Cheat Sheet Sept. 4, 2018

“YTD August 31, 2018, undisrupted champion of global equities is the NASDAQ, up 17.47% and S&P is a distant second, up 8.52%. Since 2014, USD is up 20+%. 5-yr interest swap at 2.877% and 10-yr at 2.9035%” – Jefferies “The forty year period before 1982 experienced a bear market during which the 10-year bond yield […]

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