NAPERVILLE, Ill., Nov. 7, 2016 /PRNewswire/ -- Calamos Investments, global investment management firm, has appointed R. Matthew "Matt" Freund, CFA as co-Chief Investment Officer, Head of Fixed Income Strategies, to spearhead the firm's further expansion into fixed income, credit and alternative products, announced John Koudounis, Calamos Chief Executive Officer. Freund joins Calamos from USAA Investments, where he was Chief Investment Officer of USAA Investments, leading the teams responsible for the portfolio management of USAA's mutual funds and affiliated portfolios, including P&C and life insurance products, and overseeing more than $140 billion in assets. "Matt's appointment Is a major step in the execution of our mission to offer new and compelling investment opportunities in key arenas. Our goal is to provide dynamic, deep credit and alternative products as a key component of our firm's growth strategy going forward," Koudounis said. "In addition, Matt's contributions to the investment team overall will strengthen the capabilities of our existing product set while his experience will extend our presence in new segments of our industry." John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer, stated: "Matt adds a depth of experience to the firm in a new area for us and complements our co-CIO and investment team approach. He will work closely with me and our teams as John Koudounis continues to pursue and execute on a strategy of thoughtful growth, focused on serving existing clients and attracting new ones." Freund's career spans more than 25 years of investment management experience and over 20 years at USAA, which he joined in 1994. As Chief Investment Officer at USAA, his responsibilities included fixed income and equity investments, trading and research, as well as serving as lead portfolio manager for several highly regarded fixed income mutual funds.