Ned Bittinger

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Overcoming Regulatory and Compliance Issues

When it comes to hedge funds, some of the most pressing issues involve regulatory and compliance. In order to ensure success, a firm needs to have experts on staff that are well-versed on the many aspects of hedge funds. Within the investment industry, one of the most recognized experts on laws related to hedge funds is Sam Tabar. Using his extensive legal background as well as experience working on the international financial stage, Sam has been able to learn more and more about hedge fund structure and formation with each job he has held over the years. In fact, it has been his ability to quickly spot new trends in the industry that has helped him gain the trust of clients and become recognized the world over for his inquisitive mind.  Sam Tabar has even moved into creating Vimeo videos to continue to help others learn about the industry.

Impeccable Career of Sam Tabar from Sam Tabar

Upon his graduation from law school at Columbia, Sam decided to use his training and start his career by working for a world-renowned law firm in the United States. As an Associate with the firm, Sam was given the responsibility of working with clients from all over the world. Focusing on numerous topics with his clients, Sam helped many people overcome issues regarding management agreements, employment law, contract structure and formation, and much more. Credited for ensuring many people were able to gain a better understanding of hedge funds and how they could invest in them, Sam was given increasing levels of responsibility within the firm.

However, soon afterwards Sam decided he wanted to pursue other career options. Thus, he left his lucrative law career behind and instead moved into a position with PMA Investment Advisors as the firm’s Managing Director and Head of Capital Strategy. In this high-level executive position, Sam was put in charge of designing and implementing global marketing strategies that would produce stellar results for the firm. In a dramatic move, the firm put Sam in charge of its most valuable account, a hedge fund worth more than $2 billion. Never one to shy away from the task at hand, Sam embraced the challenge and immediately began to build an extensive network of investors for the fund.



Highland Capital Management Reports Latest Holdings

Highland Capital Management is a hedge fund run by James Dondero. The fund has an asset base of $3.42 billion as the latest 13F form indicates. It’s a decrease of nearly $1.5 billion from the last filing. The Top 10 holdings comprise nearly 30% of its capital with American Airlines, Salesforce.com, and American Express among the biggest.

When it comes to sector allocation, the largest share belongs to Health Care (20%), followed by Information Technology and Finance (each 18%), and Energy (12%). The fund also holds various Exchange Traded Funds (ETFs) as well as options (both calls and puts). Among the biggest recent buys are calls on SPDR (Spider) S&P500 ETF and a purchase of Amazon shares.

The fund has also increased its stakes in American Airlines (calls), showing its bullish bet on this company. Another bigger bet was made on Salesforce.com.

When it comes to liquidating positions, Jim Dondero sold puts on XBI (a SPDR series), Nextpoint CR Strategies, Mckesson Corp, Envision Healthcare Holdings, and Laboratory Corp. Watch Jim and the Highland Team ring the NYSE Closing Bell below.

Overall, during the reporting period, there were 69 new purchases, 62 additional purchases, 119 stocks were sold out, and 80 positions were reduced. More details can be found on Octafinance website.

James Dondero is one of the founders and the current President of Highland Capital Management. Jim has over 30 years of experience in credit markets. He currently resides in Dallas, Texas, from where he oversees fund’s investment policy and operations.

The funds ran by Jim have have been distinguished in the past. Morningstar has given a 5-star designation for global allocation in 2014, and ranked Healthcare Long/Short Equity Fund as #1 the same year.

This article recapped http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/



QNET Gives Support To Flood Victims in Chennai

A lot of people do not care about what happens to others in their country once they make it big. I am sick of hearing about celebrities and businessmen who complain about things but do little to help. However, there are companies out there that are putting their money where it counts. One of these companies is QNET, a leader in e-commerce and direct selling in Asia.

QNET is leading by example by donating Rs. 75 Lakhs to the Tami Nadu Chief Minster’s Relief Fund. I love the work that QNET has done in e-commerce which you can read about on their website and on their Wikipedia. However, I am very glad to see that they are following through with their intent.

This is not the first time that the organization has donated to causes, in fact, they have CSR initiative called QNET- WE CARE and it was this arm of the organization that the donation was made through. The donation was with Mr. T Srinivas Yadav the Minister for Commercial Taxes and Cinematography for the State of Telangana present.

QNET – WE CARE is highly credible and is known for its support of the underprivileged people in India. It helps destitute adults and also supports victims of disasters and more. Just two weeks ago the association gave 200 relief kits to 200 families that live in Chennai. All of these families had their homes washed away so to them this gift was irreplaceable. I love that they gave something that would really help improve the quality of survivors. Each kit had items such as cooking pots, mats, sheets, and other basic household items.

QNET is a leader in the direct selling business partly because of its wide variety of products, but also because of its dedicated staff who is dispersed in multiple countries throughout the world.

We feel the fire in you, #Ghana! #QNET

A photo posted by QNET Official (@qnetofficial) on

Follow QNET on Twitter or like them on Facebook to learn more about their business and services.




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