Q&A: How Oaktree finds value in high yield

David Rosenberg is a managing director at Oaktree Capital and the Los Angeles-based co-portfolio manager of its US and global high yield bond strategies. In an interview with FinanceAsia he shares his views on a number of market trends back home and his key takeaway during his Asia tour. The visiting executive touched on the next big US shorting opportunity, the current US presidency, and what 100-year bonds mean to professional investors.

Q. What is your approach to high yield bond investing

A. We're not macro forecasters, so we don't come at the beginning of the year with some view that oil is...