1Pensions & Investments, 10 Jun 2024. Rankings based on total worldwide institutional assets as of 31 Dec 2023 reported by each responding asset manager, with 411 firms responding; updated annually. TIAA is the parent company of Nuveen.
2AUM as of 31 Mar 2025. Nuveen assets under management is inclusive of underlying investment specialists. Totals may not equal 100% due to rounding.
3Nuveen traces its history to 1898 when the company began underwriting municipal bonds, and TIAA was founded in 1918.
4AUM as of 30 Jun 2024. Nuveen assets under management is inclusive of underlying investment specialists. Totals may not equal 100% due to rounding.
5Pensions & Investments, 10 Jun 2024. Rankings based on emerging markets debt, U.S. institutional tax exempt assets managed internally as of 31 Dec 2023 reported by each responding asset manager; updated annually.
6As of 30 Jun 2024.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.