Nuveen traces its history to 1898 when the company began underwriting municipal bonds, and TIAA was founded in 1918.
Top 5 manager of U.S. institutional tax-exempt assets based on Pensions & Investments, 1 Jun 2024. Rankings based on active U.S. bonds, U.S. institutional tax exempt assets under management as of 31 Dec 2023 reported by each responding asset manager; updated annually.
Top 5 third-party manager of assets in municipal separately managed accounts based on Cerulli Associates, The Cerulli Report, U.S. Managed Accounts 2024. Data as of 31 Dec 2023, updated annually; most recent data available. Based on total assets; includes proprietary assets; does not include model separate accounts.