Nuveen Asset Management, the largest boutique investment affiliate of Nuveen Investments, begins the new year with an expanded set of investment capabilities as a result of its strategic combination with FAF Advisors, which was completed on December 31, 2010. Nuveen Asset Management, historically a leader in municipal bond investing, is now positioned to offer investors a more complete array of high-quality investment strategies which includes taxable fixed income, traditional equities, asset allocation and specialized equities. In total Nuveen Asset Management manages more than $100 billion for institutional, high-net-worth and affluent investors.
“This marks an important step in the strategic growth of our Nuveen Asset Management team within the Nuveen Investments family, “said Bill Huffman, President, Nuveen Asset Management. “We are very pleased that our newest colleagues bring a depth of knowledge and specialized expertise that will allow our organization to benefit from their combined talents and, most importantly, to better serve our clients for years to come.”
Nuveen Asset Management’s Investment Leadership
Leading Nuveen Asset Management’s fixed income capabilities will be Nuveen’s John Miller and FAF Advisors’ Tony Rodriguez. Working together, Miller and Rodriguez will serve as co-Heads of Global Fixed Income, taking on expanded roles to oversee Nuveen Asset Management’s $90 billion global fixed income investment platform, spanning taxable and tax-exempt fixed income strategies. John Miller will continue to lead and manage the municipal fixed income teams, and manage the High Yield Municipal Bond Fund as the lead portfolio manager. Under Rodriguez’s continuing leadership, the highly experienced taxable fixed income team will continue to manage a broad range of strategies including short duration, intermediate, core, high yield and total return. The addition of these diversified strategies builds upon Nuveen’s 112-year heritage as a leading tax-exempt fixed income investing specialist and provides Nuveen Asset Management with immediate critical mass in the taxable fixed income space.