James Dondero has utilized his 30 years of experience to create a strong and profitable Highland Capital Management. One of the main reasons that clients can trust the firm is that they co-invest with their clients to ensure that everyone’s interests are aligned and that there is transparency throughout the entire exchange. James Dondero has also instilled a since of “alpha-by-avoidance” in the environment of his fund. In other words, Highland Capital stays ahead and makes money by avoiding losing investments quickly. A final system that the fund has in place to make sure that they can provide the best quality of service to their clients is a system of checks and balances in order to avoid risk and volatility.
Jim Dondero was able to instill these ideals in his fund because he had practice with them. He has had experience working for others in basic positions, such as being an analyst for the Morgan Guaranty training program. Dondero has also had experience in leadership positions. Jim Dondero served as the Chief Investment Officer at a Protective Life GIC subsidiary. Along the way, he has received certification as a Certified Management Accountant, a Chartered Financial analyst and a Certified Public Accountant. Jim is also a known philanthropist and gives back to his local community consistently!!
In a recent analysis done by Octa Finance, Highland Capital Management’s third quarter statistics were revealed. The online newspaper looked through the fund’s recently filed 13F and shared some of the more interesting aspects. One aspect that was shared was the top holdings of the firm.
Another major change that they firm made was where it placed itself in the sectors. Previously, Highland Capital Management was mainly invested in finance and health care. In the third quarter, the fund significantly lowered its positioning in both of these sectors, health care by 20 percent and finance by 38 percent. By the end of the third quarter the firm was fairly evenly spread out through a number of sectors. 1 percent of the firms portfolio was in services, 1 percent in materials, 4 percent in utilities and telecommunication, 8 percent in transportation, 10 percent in consumer discretionary, 12 percent in energy and 18 percent in finance sector.
Read the original article via the link below: http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/