CHICAGO, October 19, 2015—Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced it has extended its portfolio offerings to non-U.S. investors with the availability of three new UCITS strategies featuring the investment expertise of TIAA-CREF Asset Management (TCAM). Sub-advised by TCAM’s Teachers Advisors, Inc., the new strategies are offered via Nuveen Global Investors Fund plc through a UCITS structure.
Respected for its decades-long leadership in the responsible investment space, TCAM will manage two ESG strategies that include a global equity ESG strategy and a U.S. bond ESG strategy. Additionally, TCAM will manage an emerging market debt 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 ESG criteria. The evaluation process favors companies that demonstrate ESG leadership in their respective sectors, including impact on stakeholders such as employees, communities, customers, suppliers and the environment.
The TIAA U.S. Bond ESG strategy seeks a favorable long-term total return through income and capital appreciation while giving special consideration to certain environmental, social, and governance criteria. The strategy invests in a broad 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 ESG criteria. Additionally, the strategy invests a portion of its assets in fixed-income instruments that reflect proactive social investments. These investments provide direct exposure to issuers and/or individual projects that have clear and measurable social or environmental benefits
The TIAA Emerging Markets Debt strategy seeks a favorable long-term total return, through income and capital appreciation, by investing primarily in a portfolio of emerging markets fixed-income investments. It typically invests the majority of its assets in fixed-income securities issued in emerging markets countries, including corporate, sovereign and quasi-sovereign fixed-income securities with ratings of B- or better, but it may also invest in lower-rated bonds.
Since its founding in 1898, Nuveen Investments has been committed to delivering high quality investments services. Nuveen takes a long-term perspective in managing portfolios; and through its multi-boutique model of independent institutional asset managers, offers an array of actively managed and index-enhanced investment products designed to balance expected returns (alpha) and risk, to help achieve the long-term financial goals of our clients. Providing a UCITS framework represents an important step in the firm’s measured approach to offering high-quality investment strategies in a product structure preferred by many institutional and retail investors throughout Europe, South America, and Asia. For non-U.S. investors looking to learn more about Nuveen’s UCITs offerings, visit www.nuveenglobal.com or www.tiaa.org/UCITS.
About Nuveen Investments
Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and independent investment subsidiaries of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $230 billion as of June 30, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.
TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with $834 billion in assets under management (as of 9/30/2015) and is the leading provider of retirement services in the academic, research, medical and cultural fields.
About TIAA-CREF Asset Management
TIAA-CREF Asset Management (www.tiaa-cref.org/public/assetmanagement) is part of the TIAA-CREF group of companies and provides investment advice and portfolio management services to individual investors, intermediaries and institutional clients through its subsidiaries. Its strategies cover a wide array of global asset classes, including equities, fixed income, real estate and alternative investments.
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TIAA-CREF Asset Management provides investment advice and portfolio management services to the TIAA-CREF group of companies through the following entities: Teachers Advisors, Inc., TIAA-CREF Investment Management, LLC, TIAA-CREF Alternatives Advisors, LLC, and Teachers Insurance and Annuity Association of America. Teachers Advisors, Inc., TIAA-CREF Investment Management, LLC, and TIAA-CREF Alternatives Advisors, LLC are registered investment advisers and wholly owned subsidiary of Teachers Insurance and Annuity Association of America (TIAA).
TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.
The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. Certain products and services may not be available to all entities or persons.
An investment in the funds involves risk; principal loss is possible. There is no guarantee the funds’ investment objectives will be achieved. The value of equity and fixed income securities may decline significantly over short or extended periods of time. More information on these risk considerations, as well as information on other risks to which the funds are subject, such as concentration/non-diversification and investment strategy risks, are included in the funds’ prospectus.
This release does not constitute or contain an offer, solicitation, recommendation or investment advice with respect to the purchase of the funds described herein or any security. Prospective investors should carefully consider objectives, risks, charges, tax considerations and expenses and other relevant information before investing. For this and more information on the Nuveen Global Investors Fund plc, please request a prospectus and read it carefully before you invest. Prospective investors should also consult their professional advisers as to the suitability of any investment in light of their particular circumstances and applicable citizenship, residence or domicile. Nuveen Global Investors Fund plc has been authorized in Ireland as a UCITS pursuant to the European Communities (Undertakings for Collective Investments in Transferable Securities) Regulation 2011 as amended.Shares of Nuveen Global Investors Fund plc are only available for certain non-U.S. persons in select transactions outside the United States, or, in limited circumstances, otherwise in transactions which are exempt from the registration requirements of the United States Securities Act of 1933, as amended and such other U.S. laws as may be applicable.
Certain share classes of the Nuveen Global Investors Fund plc are registered for public offer and sale in the Republic of Ireland, Germany, the Netherlands, Sweden, Switzerland and the United Kingdom, and for institutional sales only in Norway and Singapore (where it is a “restricted scheme”). Fund shares may be otherwise sold on a private placement basis depending on the jurisdiction.