Nuveen Investments announces three new strategies with TIAA-CREF

By Lisa Kerner

Charlotte, N.C., Oct. 19 – Nuveen Investments said it extended its portfolio offerings to non-U.S. investors with the availability of three new strategies featuring the investment expertise of TIAA-CREF Asset Management.

The new strategies are sub-advised by TIAA-CREFs Teachers Advisors, Inc. and are offered via Nuveen Global Investors Fund plc through an undertakings for collective investments in transferable securities structure, according to a news release.

TIAA-CREF will manage two environmental, social and governance strategies, the TIAA Global Equity ESG strategy and the TIAA U.S. Bond ESG strategy.

The TIAA Global Equity ESG strategy seeks a favorable long-term total return that reflects the investment performance of the overall global stock market while giving special consideration to certain environmental, social and governance criteria, the release stated.

The TIAA U.S. Bond ESG strategy invests in a range of publicly traded investment-grade bonds and fixed-income securities including U.S. government securities, corporate bonds, taxable U.S. municipal securities and mortgage-backed or other asset backed-securities, subject to environmental, social and governance criteria.

Also, TIAA-CREF will manage an emerging market debt strategy that invests primarily in a portfolio of emerging markets fixed-income investments.

Nuveen is a Chicago-based investment services company.

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