Dallas-based Highland Capital Management has driven its
credit-based strategies to highly competitive results this
year. The firm's flagship credit fund, a $1.8 billion
event-driven fixed-income portfolio called Highland Crusader
Fund, was flat in September to remain up 20.25% YTD. That's
well ahead of the Absolute Return Fixed Income and High Yield
Index, which rose 5.91% over the same period.
This year's returns have been earned, in part, by
investments in Delphi...