Oaktree ramps up UK focus with Harrington Cooper distribution deal

Anna Fedorova
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US-based Oaktree Capital Management has appointed fund distribution company Harrington Cooper to help promote its UCITS SICAV range to UK fund buyers.

The distribution efforts will be focused on the group's open-ended UCITS range, especially its Global High Yield Bond, Global Convertible Bond, European High Yield Bond and Emerging Markets Equity funds. Oaktree is a US-based investment management firm, formed in 1995 by Howard Marks and Bruce Karsh, which now runs $93bn (£59bn) and operates in 17 cities across the world. The management team focuses on a limited number of specialised markets where it believes the potential for reward outweighs the risks. Co-chairman Marks is tasked with ensuring the firm adheres to its core princip...

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