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Cashing in on Desperation
“This level of undervaluation represents what we believe is a very rare opportunity—one we have never witnessed in more than 30 years of managing convertible portfolios.”
That’s what Nick Calamos recently said about convertible bonds.
And who better to know we’re looking at “a very rare opportunity” in convertible bonds?
Calamos is Co Chief Investment Officer of Calamos Investments which manages about $23.8 billion in assets with a big chunk of them in convertible bonds. The New York Times calls Calamos “one of the most sought-after fund managers in the country…after developing an expertise in convertible bonds.”
Calamos clearly knows what…
22Dec2008 | Q1 Publishing | 0 comments | Continued
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