Recently, Highland Capital Management was asked to ring the closing bell for the stock market on Times Square, but more importantly, it was to relist a Senior Loan ETF. Visiting the MarketSite on Times Square is exciting, but for this particular listing of the Highland iBoxx Senior Loan ETF is the firm’s retail arm. The ringer of the bell was Co-Founder of the firm Mark Okada. While Okada is the one to ring the bell, the importance of the recent listing is what matters most to the firm. Bell ceremonies are always listed on the Twitter page for those who wish to go back and review or share the video.
Highland Capital Fund Advisors is a part of Highland Capital Management. This means that a registered investment adviser and any affiliates of other companies related to HCM, are now housing more than $18 billion dollars in assets. The company, founded by James Dondero and co-founder Mark Okada, is still considered one of the top investment advisers in the country. As alternative credit managers, HCM focuses on credit strategies and how they can best meet the needs of their clients. There are numerous types of accounts that HCM specializes in, including those with distressed credit, public pension plans, endowments, foundations, and more.
Generally, government funds and other accounts are being managed for high net-worth individuals. This is one of the many reasons why HCM is still performing at a high level and increasing profitability. The ability to perform in the marketplace enhances the performance that the company can experience with Nasdaq. The electronic stock market makes it possible for HCM to continue to expand in multiple marketplaces around the world, serving more people and helping individuals enlarge their ability to invest and expand.