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Tuesday, June 07, 2016

Calamos Wants to Stay Connected to the World's Pulse

News summary by MFWire's editors

Just because John Calamos recently hired a new Calamos Investments [profile] CEO doesn't mean Calamos himself is gearing up to retire.

John Calamos, Sr.
Chairman, Chief Executive Officer and Global Co-Chief Investment Officer
Calamos Investments
Writing for the Wall Street Journal, MarketWatch columnist Chuck Jaffe interviews the mutual fund entrepreneur about what's next for the 39-year-old, Chicago-based mutual fund shop. The interview comes after Calamos passed the CEO hat to investment banker John Koudonis on April 4. Yet Calamos himself didn't retire: he has stayed on as chairman and global chief investment officer of his eponymous fund firm.

"Whatever is going on in the world, the market is the pulse, and that is what attracted me to it a long time ago," Calamos tells the WSJ. "I still feel that way today. I don't want to be disconnected from that. I have always loved being right in the middle of it."

"Besides, I'm healthy, I enjoy what I'm doing, and if I was retired, I would have no excuse about why my golf game is so bad," Calamos adds. "I need to keep going just to have that alibi."

John Koudounis
Calamos Investments
Chief Executive Officer
In the interview, Calamos also talks about serving two masters (mutual fund shareholders and shareholders in the mutual fund company itself), his famous use of convertible securities, what the market was like in the 1970s, and more. 

Edited by: Neil Anderson, Managing Editor


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