The "New" Nuveen
We are very pleased to announce that we are beginning the process of delivering all of our asset management capabilities to all of our clients around the world under one name: Nuveen.
Our firm has grown substantially in recent years, drawing upon the strengths of two legacy organizations --TIAA Global Asset Management and Nuveen – and our investment affiliates, and as of December 31, 2016, we manage nearly $900 billion on behalf of our clients. Bringing our organization together under the Nuveen umbrella will enable us to better serve our clients as one global organization whose solutions span nearly every public and private asset class in every type of investment wrapper: Our clients will be able to access not only all of the specialist investment skills across our affiliates, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. And we will continue to offer the products and services that millions of investors have relied on as part of their plans to meet their long-term investment goals.
As we build an even stronger Nuveen over the course of 2017, it will be business as usual for all of our clients: None of our investment affiliates or portfolio managers will alter their investment processes. Our clients’ personal relationships and contacts across our firm will not change. Our organization will continue to maintain our deep connection with TIAA and draw on the heritage of a combined 200 years of service.
Please rest assured that our investment promise also remains unchanged: We put our clients first and will deploy resources across our entire firm to help them achieve successful investment outcomes.
Finally, to our clients, thank you for the trust you’ve placed in us. I encourage you to reach out to your relationship manager with any questions you may have about this change or our commitment to building asset management capabilities that stand the test of time and help you reach your financial goals.
All the best,
Chief Executive Officer