MutualFundWire.com: Highland Takes Nasdaq

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Thursday, October 13, 2016

Highland Takes Nasdaq

Top brass at Dallas, Texas-based Highland Capital Management [profile] converged in midtown Manhattan yesterday, and it's all thanks to a four-year-old ETF moving uptown.

Mark Okada
Highland Capital Management
Co-Founder and Chief Investment Officer

Highland co-founder and chief investment officer Mark Okada and his team, including managing director Chris Mawn, hosted a closing bell ringing ceremony at the Nasdaq's Times Square studio in New York City. Business networks like Bloomberg, CNBC and Fox Business picked up a glimpse of the celebration at the close when Okada himself pressed the closing bell button and signed his name while surrounded by cheering Highland executives and allies.

The event comes shortly after the $456.58-million Highland/iBoxx Senior Loan ETF switched its primary listing to Nasdaq from the NYSE Arca on September 28.

The ETF, which is PMed by Mawn, kept its SNLN ticker through the move, and Highland confirms that its other ETFs on the NYSE Arca will stay there.

After the bell ringing, the Highland crowd moved around the corner to Aureole for cocktails and hors d'ouevres.

Printed from: MFWire.com/story.asp?s=54967

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