America Out of Doors

Step outside sometime


October 18, 2017

The significance of Highland Capital Management to the economy

Highland Capital Management is an investment advisor registered with SEC. Together with its affiliates, the corporation has assets worth approximately $15.4 billion under its management. The company was founded by Mark Okada and James Dondero in 1993 and has grown to be one of the most prominent and experienced alternative credit managers in the world.

Highland Capital Management specializes in developing credit strategies such as credit hedge funds, special-situation and distressed private equity, separate accounts and long-only funds, as well as collateralized loan obligations (CLOs). Additionally, the company provides alternative investments such as long/short equities, emerging markets, and natural resources.

Highland Capital Management boasts a diversified client base which includes public pension plans, endowments, foundations, financial institutions, corporations, governments, high net-worth individuals, and fund of funds. The company’s headquarters are located in Dallas, Texas. However, it still maintains its offices in Sao Paulo, New York, Seoul, and Singapore. Its core business is managing bank loans, distressed debt, and high yield credit. Additionally, the company’s strategies include distressed private equity, credit hedge funds, and real assets.

The Highland Small Cap Equity Fund achieved a substantial financial success on the 2016 energy stocks by generating a return for investors of 32 percent. According to Highland Alternative Investors’ chief investment officer Michael Gregory, pipeline operators in the United States should expect another good year. The officer’s energy-stock pick aided the Highland Small Cap Equity Fund to triple the return of the S&P 500 index in the previous year. He added that the out-of-favor health-care sector might rebound tremendously in 2017.

Mr. Gregory also reported that the Highland Capital Management’s credit competency enabled the company to pursue lucrative investments in pipeline partnerships when the oil prices fell in early 2016. Subsequently, the investments contributed to about 50 percent of the fund’s total return during this year. He further stated that none of the partnerships selected cut their dividends after the fund purchased the shares.

 Jump to top
May 24, 2017

How Bruce Bent II Revolutionized the Financial World with the Creation of Reserve Fund

In the financial services industry, a money market fund acts as an investment with an objective of generating interests for the shareholders. It is also supposed to maintain a gross asset share of one dollar per share. Its portfolio comprises of several entities. These include monetary instruments, liquid debts, and high-quality and short-term securities. As an investor, you can buy money market fund stocks from banks, mutual funds, and brokerage firms.

Purpose

Money market funds usually target investors who want to invest cash-equivalent and available assets in a safe place. They are widely bought because of their low-return and low-risk characteristics. However, investors with the intent of using them in long-term investment endeavors may find them less profitable.

Money market funds have no loads. This means that mutual funds do not charge any fee for acquiring or exiting the funds. Tax-exempt money market funds allow investors to invest in municipal securities without being taxed. The Investment Company Act of 1940 classifies money market funds as safe investments. The act also governs all activities that surround the buying and selling of the funds.

Modern-day Legislations

As of 2016, the Securities Exchange Commission set new regulations for money market funds. These regulations provide them with resilience and stability. They sensitize on the need for fund managers to use floating net asset value (NAV) in a move to replace the $1 NAV.

About Bruce Bent II

Bruce Bent II has been involved in many entrepreneurial ventures including asset management, intellectual property, financial technologies, business consulting, consumer goods, pharmaceuticals, healthcare financing, etc. Bent is a member of the Young Presidents’ Organization, a peer network connecting nearly 10,000 young global business leaders worldwide and was former finance chairman of its Gotham chapter in Manhattan. He is a board member of the 99 Jane Street Condominium Association. He was also a member of the Entrepreneurs’ Organization in Manhattan and has served on the President’s Advisory Council of Scenic Hudson, an environmental organization that protects and restores the Hudson River and its riverfront.

For more information follow Bruce Bent II on Twitter and LinkedIn.

May 08, 2017

CFO Cassio Audi is an Exemplification of Achievement in the Brazilian Commercial Field

The Brazilian investment management sector has developed over the most recent years. This market spins around administration of Brazilian hedge, equity investment funds, and fixed income. Among the key investment management organization is BTG Pactual.
BTG Pactual is focused on giving managerial administrations and additionally dealing with investment funds and overseeing portfolios. BTG Pactual has a united reputation that goes back three decades. BTG Pactual boosts of well planned asset management sector that has activities within Latin America and has active deals with Global Asset Management. It likewise has practical experience in fiduciary administration and merchant banking. The company operates with private managers and gives fund administration services to such organizations. BTG Pactual oversees approximately R$ 135.6 billion resources and is viewed as one of the biggest organizations in Brazil. Moreover, the firm handles activities in matters of internal control and risk management.
Cassio Audi is a financial official from Sao Paulo in Brazil. He is action oriented, hands-on, open and straightforward when it comes to matters of executing his obligations. Cassio Audi is also fluent in using English and Spanish dialects. Before, he has worked in various associations within US and Brazil. Cassio has several years of professional experience having worked and filled positions in public and private organizations.
Cassio’s professional tools were sharpened at the University of Sao Paulo. Prior, he was the overseeing executive at GVMI which is an independent equity company with operations in Brazil and United States. Cassio likewise worked at Rossi Commercial Properties being the investment executive and later on as the CFO (Chief Financial Official) of the organization. Other companies Cassio has worked with include Dow Chemical Company, JP Morgan Chase, Gillette and Brookfield Brazil Real Estate Partners Inc. among several others. The current economy within Brazil has continued to expand with the help of specialist like Cassio Audi.