(Reuters) - BOSTON, April 23 - Calamos Asset Management Inc. posted on Monday a 16.7 percent fall in first-quarter profit, a slightly bigger drop than analysts had expected, as redemptions pulled down assets under management.
The money manager, which focuses on the growth style of equity investing that has been out of favor since the bursting of the technology bubble in 2000, said the style was poised for a comeback as growth stock valuations looked cheap.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment