K&L Gates Advises Calamos Advisors on Launch of Autocallable Income UCITS ETF

Global law firm K&L Gates advised Calamos Advisors LLC on the launch of the Calamos Autocallable Income UCITS ETF, which was listed on the London Stock Exchange on 27 April 2026. The launch represents a significant development for the European ETF market, with the Calamos Autocallable Income UCITS ETF providing global investors access to an autocallable investment strategy within a UCITS framework.

Calamos previously launched the world’s first ETF designed to replicate the investment profile of autocallable structured notes in the United States in June 2025. The firm’s suite of US Autocallable ETFs now exceeds US$1 billion in total assets under management.

Matt Kaufman, Global Head of ETFs at Calamos Investments, said: “What began as the world’s first autocallable ETF in the US is now available to investors globally through a UCITS structure. K&L Gates’ cross-regional ETF experience was instrumental in bringing this product to market.”

The K&L Gates team was led by Dublin partner Hazel Doyle and included lawyers from the firm’s US and European ETF practices, including Nicola McCaffrey (Dublin) and Kevin Gustafson (Chicago).

Doyle commented: “We are delighted to have advised Calamos on the structuring and approval of this first of its kind autocallable UCITS ETF. The product demonstrates the growing sophistication of the ETF market and increasing demand for innovative, outcome-oriented investment solutions.”