Category Archives: Financial Expert

Highland Capital Predicts that the Healthcare Industry will Have Good Performance

US Pipeline operators will have another profitable year. This is according to Michael Gregory, Highland Alternative Investors’ chief investment officer. While in any other year, industry experts would not have paid attention to such a message, the performance of his fund in 2016 has completely changed everything. The investment banker’s fund made significant gains.

Its energy stocks pushed enhanced the performance of Gregory’s fund. His fund, the Highland Small-Cap Equity Fund, had a significant portion of stock in the pipeline industry. As the performance of the sector improved, the returns from the investments in the industry almost doubled. This situation helped to protect the fund from bad performing investments. However, the financial expert believes that the health-care industry would stage a ‘tremendous rebound’ this year.

According to industry statistics, Highland’s Class A shares HSZAX, +0.67 percent had a return of 31.6 percent last year. This is almost three times the returns of the large-cap S&P 500 SPX, -0.29 percent that returned only 12 percent. The performance of the S&P 500 was also surpassed by the small-cap Russell 2000 Index RUT, -0.68 percent that returned 21.3 percent. This exemplary performance is attributed to the excellent leadership and dedicated professionals at Highland Capital Management. James Dondero helped Gregory in managing the fund.

Highland Alternative Investors is a unit of Highland Capital Management. The Dallas-based organization manages over $15.4 billion. However, the small-cap stock fund is still growing with only $55 million in assets.

Speaking during the announcement of the fund’s performance, Gregory said that Highland Capital’s credit competency is the primary factor behind its success. He notes that as investors were running away from the oil industry due to the declining prices in 2016, the firm decided to invest in the sector. He contends that the profitability of pipeline companies is not based on the price of the oil, but rather on the quantity of transported oil. Over the period, the companies have been making significant returns, especially when oil prices begin to soar. The returns from the oil sector contributed more than half of the fund’s total earnings. Despite a forecast of a healthy business environment in the pipeline industry, Highland Capital has decided to downsize its investment in the sector. It is speculated that Gregory is planning to make more investment in the healthcare sector.

Stephen Rotella is a Financial Services Expert

Stephen J. Rotella is a well-known professional who works for a company that’s known as StoneCastle Cash Management, LLC. StoneCastle Cash Management’s main office is in New York, New York. It has offices located all throughout the United States as well. They’re in diverse cities such as San Diego, California, Newport Beach, California, Atlanta, Georgia, Mobile, Alabama, Denver, Colorado, Mount Laurel, New Jersey and Memphis, Tennessee. Rotella works as the CEO (Chief Executive Officer) for StoneCastle. He had quite a few positions before beginning his time at StoneCastle. He worked for Chase Manhattan Mortgage Corporation as its President. He worked for WMI Holdings Corporation as both its President and COO (Chief Operating Officer) as well. He began working at WMI Holdings Corporation in the winter of 2005. He left the company several years later in the fall of 2008.

 

StoneCastle was established in 2008. The company’s goal is to give investors easy access to the large community banking world. StoneCastle routinely works with fixed income investors, treasury professionals and community banks alike. The company helps fixed income investors develop fixed income strategies that are suitable for all kinds of institutional investors. It helps treasury professionals who need to come up with creative and imaginative cash management answers. It helps community banks develop fresh funding and capital opportunities. It assists them with liquidity matters, too.

 

Stephen Rotella is a dependable executive who has a lot of experience under his belt. He also has a good educational background. He attended the State University of New York (SUNY) in Stony Brook, New York. He graduated from the institution in 1975 with a bachelor’s degree. He also received an MBA (Master of Business Administration) degree at the University of Albany a few years later in 1978.

 

Rotella is involved with a number of prominent organizations that are of interest to him. These groups include Caliber Home Loans, Inc. and JP Morgan Chase & Company. He possesses an abundance of skills and talents. Examples of these are strategic planning, program management, portfolio management, structured finance, new business development, due diligence, asset management, corporate development, core management, mergers and acquisitions and financial assessments.