Oaktree Capital Keeps Gaining From Strong Markets
The financial industry thrives on bull markets, and investment manager Oaktree Capital Group (NYSE: OAK) has sought to take full advantage of favorable conditions while they last. The result has been impressive growth in recent periods, and Oaktree, in particular, has been able to use its reputation for putting investors first to its advantage against its competitors in the asset-management space.
Coming into Thursday's second-quarter financial report, Oaktree investors had high expectations that the company would be able to produce better performance than it did in the year-ago quarter. Yet even bullish Oaktree investors were pleasantly surprised by some of the numbers that the asset manager put up in its report. Let's look more closely at Oaktree Capital and what its latest results mean for the company's future.
Image source: Oaktree Capital Group.
Source: Fool.com
