Wednesday, 31 August 2016
Last updated 38 min ago
May 20 2011 | 12:28pm ET
Calamos Investments has launched a UCITS III-compliant version of its three-year-old emerging markets hedge fund.
The Naperville, Ill.-based firm said the new fund had been seeded by the Superannuation Arrangements of the University of London, that institution's pension fund. SAUL provided £45 million to the new fund, Calamos' fifth UCITS product.
"We chose Calamos because their approach adds a new dimension to our Emerging Markets portfolio," SAIL CEO Penny Green said. "They focus on revenue generation as opposed to where a firm is domiciled, looking at economies as well as markets. Also, they take a top-down view across a company's capital structure, rather than confining themselves to equities."