Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:125 Years, $1.1T In AUM Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, November 30, 2023

125 Years, $1.1T In AUM

Reported by Neil Anderson, Managing Editor

A New York City-based retirement plan provider's giant asset management arm reached a big milestone this month.

Jose Minaya
Nuveen
CEO
Jose Minaya, CEO of TIAA's Nuveen [profile], confirmed earlier in November 2023 that his team is marking their the fund firm's 125th anniversary. As of September 30, Nuveen had $1.1 trillion in AUM. A company spokesperson confirms that Nuveen now has 3,783 employees worldwide, include 2,200 investment professionals.

John Nuveen founded Chicago-based John Nuveen & Company on November 8, 1898, to help fund public infrastructure projects. By 1940, according to the Nuveen team, the firm had become the largest U.S. municipal bond specialist. TIAA (itself founded in 1918) bought Nuveen in 2014. In 2017, TIAA combined Nuveen with TIAA Global Asset Management (GAM) and branded the combined asset manager as Nuveen.

"When John Nuveen underwrote his first bond, he could not have imagined the challenges we face today, from the rapid pace of change and the complex dynamics of a global economy to the stability of society and the health of the environment," Minaya states. "But the foundation he laid prepared and empowered this firm to remain resilient through 125 years of market cycles, enabling us to always focus on what's best for our clients while striving to create a positive impact."

The Nuveen team now serves about 1,200 institutional clients and works with more than 160,000 financial advisors. The asset manager has $418 billion in fixed income AUm, $337 billion in equities AUM, and $290 billion in private assets. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use