Calamos launches high yield fund
Calamos Investments, the US asset manager, has launched a Global High Income Fund as a Ucits vehicle, that will invest in middle and higher rated high yield bonds.
The global, diversified fund is based on the group's institutional Calamos High Income Strategy, which it has been offering to US and foreign investors since 1999.
"Against the backdrop of persistently low rates and yields, traditional fixed income government and investment grade bonds are challenged to deliver
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