Oaktree’s Poli Says Bigger Price Moves in Credit Are Coming

Oaktree Capital Management’s Danielle Poli says the moment for the distressed debt shop to scoop up the asset class in droves isn’t here yet as global credit markets remain relatively resilient.

“There are opportunities currently to step in, but I think that the bigger opportunities for bigger price movement may be further down the line,” the portfolio manager said on Bloomberg TV’s Real Yield on Friday. “We haven’t seen a significant selloff in any way.”