Investment Team Voices

Perspectives on Growth and Inflation Expectations for a Post-Covid World

Nick Niziolek, CFA and Dennis Cogan, CFA
October 12, 2020

When thinking through which asset classes, sectors, and factors to favor, the Calamos global team frames the discussion around which cyclical regime we will be in based on the outlook for growth and inflation. There’s growing evidence that suggests a regime shift is underway.

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Cyclical Themes: Outlook for the U.S. Dollar

Nick Niziolek, CFA and Dennis Cogan, CFA
October 9, 2020

The Calamos Global Team believes we are entering a new regime where the dollar will weaken against other global currencies, with significant implications for global risk assets. Historically, the U.S. dollar’s strength or weakness has tended to be one of the most significant drivers in the relative performance of U.S. markets versus ex-U.S. developed markets and emerging markets, explain Nick Niziolek and Dennis Cogan.

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Global Asset Allocation: The Overlooked Opportunity

Nick Niziolek, CFA
July 27, 2020

Global diversification may have fallen out of fashion in recent years, but we believe “home-country” bias will be increasingly disadvantageous for U.S. investors. We see signs that a far-reaching shift is underway in the global economy and markets, which sets investors up well for strategic global diversification.

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ESG: A Signpost for Identifying Opportunities and Risks

Nick Niziolek, CFA and Paul Ryndak, CFA
July 8, 2020

In recent years, environmental, social and governance (ESG) factors have become increasingly important to many governments and companies, as well as investors. In this post, the Calamos global team explains how they incorporate ESG into their multi-faceted approach.

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Growth Potential Calling: A Look at India’s Telecom Industry

Nick Niziolek, CFA; Paul Ryndak, CFA; and Michael Burke, CFA
June 29, 2020

Companies that are beneficiaries of secular themes may be more resilient during periods of economic turmoil. But selecting the best investments also requires understanding country-specific and company-specific factors. In this post, we take a look at the unique combination of growth drivers creating tailwinds for India’s telecomm providers.

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Global Team Positioning: Consolidating Around Favorite Names, Core Secular Themes

Global Team Perspectives by Nick Niziolek, CFA
March 23, 2020

Nick Niziolek discusses making targeted additions, focused primarily on consolidation around core positions and secular theme opportunities. In uncertain times, thematic tailwinds (such as global payments, bioprocessing, Big Data and AI) can provide a degree of resilience and growth potential.

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Why We Are Optimistic: “Notes from the Frontlines”

Global Team Perspectives by Nick Niziolek, CFA
March 13, 2020

Why our Global Team believes that the impact of the coronavirus on markets is transitory, and that aggressive monetary easing and fiscal response will set the stage for a very strong second half recovery.

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Amid Coronavirus Uncertainty, Calamos Global Team Maintains Long-Term Perspective

Global Team Perspectives by Nick Niziolek, CFA
February 25, 2020

From a global health standpoint, there is no doubt that the coronavirus warrants deep concern. However, from an investment standpoint, our base case continues to view the coronavirus outbreak as a transitory issue. We see the potential for a release of pent-up demand and greater monetary support and fiscal support contributing to a 2H2020 recovery.

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The Global Opportunity Set Is Growing in 2020

Nick Niziolek, Co-CIO, and the Calamos Global Team
January 14, 2020

The coming year offers many reasons to be optimistic about global opportunities, according to Nick Niziolek, Co-CIO and Head of International and Global Strategies at Calamos. The combination of rising global liquidity, improving fundamentals, and a weaker dollar can fuel a significant rally in overseas markets in 2020.

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