Peter Mann Oaktree Capital Group OAK-N TOP PICK Jan 05, 2015

Manages alternative assets, primarily lower graded bonds such as junk bonds or distressed bonds. They get involved in company takeover, financing. Very smart group of guys. Management owns a lot of the stock. Excellent track record. Pays an enormous dividend of 7.9%. Good way to get exposed to something that we don’t have in Canada.

(A Top Pick Oct 10/12. Up 55.91%.) This is not a company, it is a limited partnership. He found that the US government and Internal Revenue Service are getting increasingly aggressive about cross border taxation and, they basically imposed a withholding tax of 35% of dividends paid unless they filed tax returns in both federal and California.