When did TIAA purchase Nuveen?
October 1, 2014
New York, October 1, 2014 — TIAA-CREF, a leading financial services provider, announced today that it has successfully completed its acquisition of Nuveen Investments, a diversified investment management company.
What type of company is Nuveen?
Nuveen is an American asset manager and wholly owned subsidiary of financial planning firm TIAA, itself known for its legacy focus on managing money for not-for-profit institutions such as universities and their employees.
What is TIAA Nuveen?
About TIAA TIAA Investments is a global asset manager focused on achieving the best-possible long-term risk-adjusted returns for its clients. Its investments in active, quantitative and index strategies span global fixed income, equity, real assets, alternatives, and responsible investment.
What is the relationship between TIAA and Nuveen?
Nuveen will operate as a separate subsidiary within TIAA-CREF’s Asset Management business, retaining its current multi-boutique business model and continuing to support its investment affiliates through scaled distribution, marketing and administrative services.
Are municipal bonds fixed income?
Municipal bonds—or muni bonds—are fixed income securities issued by local or state governments to fund public projects. When planning your investment portfolio, municipal bonds are one way to add tax efficiency to the mix.
How long has Nuveen been in business?
Nuveen has supported the financial futures of millions of investors for over 120 years.
Is Nuveen tax Free?
Nuveen Select Tax-Free Income Portfolio 2 (NXQ) The Fund’s primary objective is current income exempt from regular federal income tax, consistent with preservation of capital.
How much money does Nuveen manage?
Nuveen currently manages $1.2 trillion* in assets, providing access to a full range of investment capabilities through our investment specialists.
Where is Nuveen Investments located in Chicago IL?
Nuveen Investments, Inc. 333 W Wacker Dr. Chicago, IL, 60606-1286 United States. (312) 917-7700. www.nuveen.com External Website. Opens New Window. Company Type: Corporation Subsidiary.
What should you know about investing in Nuveen securities?
Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her financial professionals. Nuveen provides investment advisory solutions through its investment specialists. Nuveen Securities, LLC, member FINRA and SIPC .
Where can I find the Nuveen mi 529 advisor plan?
You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC. The Nuveen website for institutional investors is available for you. You are about to access our website for visitors outside of the United States.
Can you add a Nuveen fund to Morningstar?
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