We remain optimistic about global equities and maintain a preference for non-US exposure, including emerging markets.
Read PostWe expect markets to broaden, and small caps are likely to participate. We’re also encouraged that the market is rekindling its appreciation for stocks with above-average growth prospects and visible fundamental strength, which we believe is a favorable backdrop for CTSIX and CTIGX.
Read PostAlthough the rally may slow, we expect leadership will broaden beyond the “Magnificent Seven” of mega-cap stocks, rewarding a broader group of companies with consistent cash flow generation and strong balance sheets. Calamos Growth Fund has significant positions in technology companies that are now viewed as key AI players.
Read PostWe continue to see a divergence in growth in different parts of the economy and in corporate returns on capital for individual companies. Calamos Growth and Income Fund’s positioning emphasizes real growth tailwinds, companies with improving returns on capital in 2024, and equities and fixed income with valuations at favorable expected risk-adjusted returns.
Read PostWe’ve got a healthy degree of skepticism that the stock market can rip further from here. Nevertheless, we’re confident we can continue to find select opportunities for Calamos Global Convertible Fund, supported by bottom-up selection and encouraging issuance.
Read PostSecular trends, cyclical opportunities and broadening issuance are driving opportunities in convertible securities. While we are finding select opportunities to invest in issues with bond-like structures, Calamos Convertible Fund maintains an emphasis on balanced structures.
Read PostCo-CIO Eli Pars discusses how our team is positioning Calamos Market Neutral Income Fund and Calamos Hedged Equity Fund.
Read PostThere is a further mild upside for equities, but equities are not in a new bull market, according to Michael Grant, Senior Co-Portfolio Manager of Calamos Phineus Long/Short Fund. Beyond summer, rising volatility seems inevitable as investors await the resolutions of key debates, including the one over Fed policy.
Read PostThe dominance of US mega-cap tech stocks looks set to give way to broader leadership, favoring quality companies across sectors. We believe SROI will be well positioned in an environment where quality is rewarded and risk management matters.
Read PostThere’s growing buzz around biodiversity as a new environmental metric, but the Calamos Sustainable Equities Team has long understood that nature-related risks can impact business strategies.
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