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Performance profile: Highland's CDO fund reverses course

March 03, 2008  



In January, when most managers struggled to produce gains, $6 billion Dallas-based Highland Capital Management's structured credit fund was hit worse than most due primarily to the continued weakening of structured credit markets.

Highland CDO Opportunity Master Fund, managed by Todd Travers, lost an estimated 11.4% for the month, after ending 2007...

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