Tuesday Aug 26 | PR-inside.com
Two Nuveen Closed-End Funds Announce Updated Portfolio Management Team
This announcement reflects the departure of Ben Emons who has left the firm. Andrew Stenwall, chief investment officer of Nuveen Asset Management's Taxable Fixed Income team continues in the role of portfolio ...
As part of its effort to attract more pension fund and other...
Nuveen Investments Inc. - as part of its effort to attract more pension fund and other institutional clients by "expanding into the alpha space and pushing out on the risk-return spectrum"- has seeded more than ...
Editors please note: Correction Regarding Nuveen NIO Redemption Notice Information
Also, the redemption information for each series in the original release was correct.
FundWatch: Massachusetts pension fund drops Legg Mason
Struggling money manager Legg Mason Inc. was dealt another blow Wednesday when it was fired by Massachusetts' $50.6 billion state pension fund.
Nuveen Insured New York Dividend Advantage Municipal Fund Announces...
The VRDP was offered only to qualified institutional buyers, as defined pursuant to Rule 144A under the Securities Act of 1933.
UBS Seeks to Appease Clients With $3.5 Billion Auction-Rate Share Buyback
UBS AG , Switzerland's largest bank, plans to buy back as much as $3.5 billion of auction-rate preferred shares after being sued in the U.S. for fraudulently selling the securities as low-risk alternatives to ...
Global funds try go-anywhere style
They are the ultimate go-anywhere funds - global funds that can invest virtually anywhere, regardless of geography - and they are growing in number.
Nuveen Investments ceo Timothy Schwertfeger has left the firm amidst the company's search for an independent director to lead its funds, the Chicago Tribune reports.
ChicagoBusiness.com Breaking News
Nuveen chair Schwertfeger steps down
Mr. Schwertfeger left his position on July 1, according to a filing with the ...
My, how a plot can thicken in a hurry! As readers of this column know, it didn't take us long to hear from Alex Tiknius, the ardent Chicago Cubs fan who identified himself as the dejected young man in a new ...
Nuveen Investments will sponsor the Chicago Cubs, while Jacob Leinenkugel Brewing president bartends at beer stands.
As fundamentals-focused long-term investors, Fools never base an investment decision on the daily gyrations of the market.
Public relations, press release distribution, investor relations, SEC filing
Nuveen Investments, a leading provider of diversified investment services, today declared regular monthly distributions for 106 closed-end funds and portfolios.
Nuveen Lines Up $1.75 Billion Financing for Auction-Rate Investor Buyout
Nuveen Investments Inc. , the largest U.S. manager of closed-end funds, lined up initial financing to back its plan to buy out investors frozen in the auction-rate securities market.
Nuveen gets infusion for auction rate securities
Nuveen Investments LLC said today that it has received a commitment of up to $1.75 billion from an unidentified major financial institution to refinance the struggling auction rate preferred securities issued ...
Municipal Auction-Rate Refinancings Slow as Yields Fall From Record Highs
Pain in the municipal auction-rate bond market is subsiding. Borrowers from Boston to Florida said this week they will replace about $2.5 billion of the debt, down from more than $7 billion last week and the ... via Bloomberg
Nuveen faces $15-bil. liquidity crisis in auction-rate products
Nuveen Investments Inc. is working to liquefy $15 billion of preferred auction-rate securities issued by 100 of its closed-end funds. via ChicagoBusiness.com Breaking News
PE firms still interested in acquiring asset managers, but not at rich prices
“There's definitely a growing trend here”
Private equity firms are still interested in acquiring asset managers despite the turmoil in the capital markets, although not at the rich prices paid less than a year ago. via SNL Financial
Auction-rate securities a struggle for Nuveen
“This [mode of leverage] worked so well for so long that it became the favored way for municipal bond funds to leverage themselves”
Firm works to liquefy $15 billion worth of shares issued to boost fund yields Nuveen Investments LLC is working to liquefy $15 billion of preferred auction-rate securities issued by 100 of its closed-end funds. via InvestmentNews
Nuveen Multi-Strategy Income and Growth Fund 2 Issues At-Par...
Nuveen Multi-Strategy Income and Growth Fund 2 today called for redemption at par outstanding shares of its auction-rate preferred shares . via Earth Times