Calamos Asset Management Inc. said it had hired an executive from UBS Investment Bank to increase distribution through financial advisers and other channels.
The Naperville, Ill., asset manager announced Monday that it had named Phipps Moriarty, 38, to be a senior vice president and the national sales manager.
John P. Calamos Sr., the chairman, chief executive officer, and co-chief investment officer, said in a press release that Mr. Moriarty will manage and expand the company's client relationships as part of a plan to increase distribution of its investment strategies.
Mr. Moriarty was a managing director at UBS Investment Bank, where he managed the Midwest institutional distribution team and was on the Midwest executive management committee. He has also worked at JP Morgan Chase & Co. and in product development and marketing roles at Kemper and Nuveen Investments Inc.
