Market / Credit
The Roundup: Top Takeaways from Oaktree’s Quarterly Letters – December 2025
12.18.2025

Oaktree experts explore the need for renewed vigilance in the direct lending market, discuss the future of private credit in Europe, identify the evolution of the high yield bond market, and reflect on the backdrop for emerging markets equities. Plus, we’ve included an excerpt from one of Howard Marks’s recent memos.

Views and opinions expressed are subject to change. This content is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any product or service of Brookfield Corporation (“Brookfield”) and certain of its affiliates.