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Exclusive: Howard Marks: Word for next year is 'uncertainty'

CCTV.com

11-17-2016 16:59 BJT

Uncertainty is the name of the game for investors next year. That's according to Oaktree Capital, a top player among global investment managers specializing in alternative investments with 100 billion US dollars in assets under management as of September.

Oaktree focuses mainly on distressed debt, corporate debt, convertible securities, real estate and listed equities. Its co-chairman and co-founder Howard Marks, one of Wall Streets most famous investors, talked to CCTV reporter Martina Fuchs about where to allocate cash in 2017 in the aftermath of the US presidential election. 

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