Adding Convertible Strategies to Your Playbook
What’s your best guess about what happens next? Seesaw markets? V-shaped recovery? Further equity declines?
Join us at 2 p.m. ET Thursday, May 7 to hear about how convertible securities can help you prepare for multiple possible scenarios. At all times, convertibles are a strategic allocation that can provide added diversification to a portfolio. What’s intriguing investment professionals in this turbulent environment is how convertibles have historically helped manage the risk of equity investing.
Because they’ve provided comparable equity returns with less volatility, including convertibles in a portfolio can help keep clients invested.
Headlining our webcast panel will be Calamos Founder, Chairman, and Global Chief Investment Officer John P. Calamos, Sr., widely recognized as the pioneer of the convertible asset class. Joining John will be:
- Eli Pars, CFA, Co-CIO, Head of Alternative Strategies and Co-Head of Convertible Strategies,
Senior Co-Portfolio Manager, including of Calamos Market Neutral Income Fund (CMNIX), the industry’s largest alternative fund (Morningstar data, 3/31/20)
- Joseph Wysocki, CFA, Senior Vice President, Co-Portfolio Manager, including of the
Calamos Convertible Fund (CICVX)
Markets See Light at the End of the Tunnel: Recovery by July, Says CPLIX’s Grant
While predicting that “economic activity in March and April will be the worst of our professional careers,” Grant nonetheless says markets see light at the end of the tunnel that includes economic recovery by July.
Why CTSIX’s Nelson Is Optimistic About the Recovery, Corporate Profitability and Small Caps
One month after the depths of the equity market decline, Brandon Nelson expresses optimism about the prospects for the country’s health, corporate profitability and what he calls “exciting” small companies in the Calamos Timpani Small Cap Growth Fund (CTSIX) portfolio.
The Crisis Has Accelerated the Opportunities for Strong, Growth Disruptors
In a turbulent period for the markets, Calamos has been hosting a Calamos CIO Conference Call series for investment professionals.
Staying Opportunistic with Convert Arb, Hedged Equity Positioned CMNIX for Rally Back
The dual strategies of convertible arbitrage and hedged equity helped Calamos Market Neutral Income Fund (CMNIX) weather the recent drawdown while being positioned for future opportunities.
Convertibles: Providing Risk Management and Positioned for a Snapback
The stage is being set for what we internally call the “convertible trifecta.” The markets are uncertain right now. But when markets eventually calm, the team would expect to see the combined forces of equity upside, credit upside and convert valuation gaps closing, which can be very powerful on the way back up.
This Multi-Phase Crisis Can Be Navigated if We Join Forces to Thread the Needle
Matt provides a framework that he and his team use to make sense of the headlines and the price bids flashing on their monitors. His realistic, yet hopeful outlook provides a roadmap for successfully navigating this universal crisis together.
Indiscriminate Selling Has Driven Closed-end Fund Discounts, Creating Compelling Value
Even with all the benefits attributable to closed-end funds—intraday trading, low financing costs of leverage, ability to be fully invested, and consistent source of income—they have some idiosyncrasies that present challenges, especially during extreme volatility
There Is a Way Out of the Coronavirus Crisis, and Long-term Opportunities in an Oversold Equity Mark
The pace of government and private sector response will likely be slower than we may like, but we have the collective knowledge to address the pandemic, including support to individuals and businesses.
The Road Back to 3000
Michael Grant is preparing for rebound in equities and has positioned the long/short portfolio accordingly. To use a Wayne Gretzky analogy, he is skating to where the puck will be, not where it is.
China Could Be a Growth Engine for Global Recovery in 2H 2020
Global markets have not yet reached a bottom, but Nick Niziolek believes the global economy and markets could be in recovery mode by the second half of the year, with China and other overseas markets making strong contributions.
Market Update: Is Panic the Primary Pandemic?
Equity markets have bounced around rather dramatically in recent weeks (up and down) as investors are trying to get a grasp of the impacts of Covid-19 (aka Coronavirus). While there will clearly be economic softening from Covid-19, the base case is that it will be transitory.
Finding Growth in a Low-Growth World
Never underestimate the growth potential of a small company with a good idea and a solid plan. The rest of the world may be on pause, but there’s no stopping the forward momentum of U.S. creators, innovators and disruptors.
Join us at 2 p.m. EDT Tuesday, September 24, 2019, to learn why the Calamos Timpani Small Cap Growth Fund (CTSIX) team is enthusiastic about the opportunities it’s finding today. With small caps trading at a discount not seen since 2003, the price is right—and the potential for growth is irresistible.
Presenting on this Advisor Perspectives-produced Webcast will be Brandon M. Nelson, CFA, Senior Portfolio Manager, and Ryan Isherwood, CFA, Senior Research Analyst, Co-Portfolio Manager. Nelson and Isherwood joined Calamos following our 2019 acquisition of Timpani Capital Management, the company Nelson co-founded in 2008. Nelson served as Chief Investment Officer and Portfolio Manager of the Timpani strategies since inception. The Calamos Timpani Small Cap Growth Fund combines fundamental research with the analysis of market estimates to identify the underestimated growth differential between a company’s business strength and market expectations of that strength.
How to Keep Your Clients from Calling the Market Top
The S&P 500 had its best first half of the year in 22 years and its best June since 1955. And yet, many investors have been calling the end of the bull market for months.
April 2019 Economic Outlook
Looking forward, we believe the U.S. economy will extend its steady expansion through this year and beyond. The global economy is positioned for moderate growth, with a pickup in the second half of the year. The relatively weaker earnings season currently underway reflects a high bar in terms of year-over-year earnings growth...