From Calamos’s new snowball payoff ETF to German investors’ reliance on financial hubs and business journalism, and Korea’s capital protection products’ growth, here’s the latest weekly news roundup brought by SRP News.
Calamos Investments is adding snowball payoff to the burgeoning autocallable exchange-traded fund (ETF) market where the range of underlying exposures continues to broaden . In an interview with SRP, Matt Kaufman, head of ETFs, said the firm built CAGE largely in response to those advisors looking for “growth notes with memory” in an ETF. The new fund listed on the New York Stock Exchange adds to the lineup of CAIE and CAIQ with respective assets of US$829m and US$147m, and marks an