MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, May 5, 2010 At Calamos, Open-End Funds' AUM Grows by $17 Billion Reported in its first quarter earnings today, Calamos Asset Management saw revenues of $81.1 million and operating income of $30.5 million in the period ended March 31. In the first quarter of 2009, Calamos reported revenue of $59.6 million. $58.8 million of the Q1 2010 revenue came from investment management fees. The open-end mutual fund business had $20 billion of assets under management at quarter-end on March 31. During the same period in 2009, AUM totaled $13.3 billion. Total AUM for Calamos Asset Management reached $33.0 billion, an increase of $249 million (1 percent) from Q4 2009. Year-over-year, AUM increased by $9.9 billion from $23.1 billion. Printed from: MFWire.com/story.asp?s=32121 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |