February CIO Call Series Replays Now Available
February 24, 2022
Replays of the CIO calls held over a three-week period in volatile February 2022 are now available.
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Investment Ideas
CMNIX Ready to Make the Most of This Choppy, Fragile Market
Eli Pars, David O’Donohue
February 22, 2022
Higher volatility provides a better, target-rich environment for the portfolio management team of Calamos Market Neutral Income Fund (CMNIX)—the top-selling alternative fund of 2021—to add alpha.
Read PostOff to a Strong Start to 2022, Grant’s CPLIX Positions for a Return to a World Where Profits Matter
Michael Grant
February 22, 2022
In an environment where the dominance of the mega caps is over, Calamos Co-CIO, Head of Long/Short Strategies and Senior Co-Portfolio Manager Michael Grant predicts we will not see the extraordinary, absolute returns that have been seen from the S&P 500. An actively managed portfolio, both long and short, has a much greater chance of now beating the benchmark, he says.
Read PostThe Market Turned, and Our Alts Worked: CMNIX, CIHEX and CPLIX in January
February 2, 2022
Added to clients’ portfolios expressly to diversify risk, the Calamos suite of liquid alternatives—Calamos Market Neutral Income Fund (CMNIX), Calamos Hedged Equity Fund (CIHEX) and Calamos Phineus Long/Short Fund (CPLIX)—performed as advertised in January.
Read PostLiquid Alts in 2021: Record AUM, Strongest Flows Since 2013—and Performance to Believe In
Elise Pondel, CFA, AVP, Director of Product Analytics
January 25, 2022
In a reversal of a downward trend that started in 2014, last year there was unprecedented demand for liquid alternatives. Most important: the products’ performance met the demand. Alt assets reached a new high watermark in 2021, with almost all Morningstar categories benefiting from positive net flows and positive performance.
Read PostNext Year May Be More Nuanced, But CPLIX’s Grant Believes Equity Investors Need to ‘Ride the Tiger’
December 10, 2021
As long as fundamental momentum is above trend and there’s a backdrop of liquidity at historically high levels, Calamos Co-CIO and Head of Long/Short Strategies Michael Grant urges investment professionals to lean into equity risk.
Read PostWhat Could a Bond Alternative Do for Your Clients This Decade?
December 3, 2021
The declining interest rates of the past decade provided a strong tailwind for bond funds. And yet, Calamos Market Neutral Income Fund (CMNIX) managed to add value by delivering a bond-like return with a bond-like standard deviation but without the bond-like risk exposures.
Read PostCMNIX + CICVX: Adjust the Dials for the ‘Right’ Blend of Market Risk, Volatility, Return Profile
December 2, 2021
You think peanut butter and chocolate are an appealing combination? Try mixing Calamos Market Neutral Income Fund (CMNIX) and Calamos Convertible Fund (CICVX).
Read PostOn the Job Every Day the Market Is Open: CIHEX Is Actively Managed to Optimize Volatility
Joseph Cusick
November 16, 2021
There's a crucial difference between Calamos Hedged Equity Fund (CIHEX) and other hedged equity strategies. “Why would you accept a capped upside with a defined downside? Why wouldn’t you want to capitalize on opportunities when the market moves up or down?” asks Calamos Vice President and Portfolio Specialist Joseph Cusick.
Read PostMore on Convertibles and Rising Interest Rates
October 21, 2021
Our recently updated Convertible Securities: Structures, Valuation, Market Environment and Asset Allocation guide, by Calamos Founder, Chairman and Global CIO John P. Calamos, Sr., with Co-CIO and Senior Portfolio Manager Eli Pars provides additional insights on the relationship of the asset class and rising interest rates.
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