Calamos Asset Management
's [see profile
] assets and earnings are on the rise, despite net outflows.
Today, the Naperville, Illinois-based mutual fund firm reported
third quarter earnings of $0.23 per diluted share (up from $0.13 in Q3 2009 and beating analysts' estimates of $0.22, according to Reuters
Calamos' assets rose $2.7 billion last quarter to $32.6 billion on September 30, though the firm suffered $0.4 billion in net redemptions (including $141 million in net mutual fund redemptions).
Neil Anderson, Managing Editor
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