Nuveen Expands Investment Platform with Quantitative Strategies Affiliate
December 06, 2018 / businesswire
As part of its commitment to providing clients with the broadest array of outcome-driven solutions to meet their unique investment goals, Nuveen, a premier global asset manager, has launched Nuveen Quantitative Strategies. The new investment affiliate will provide systematic investments and insights across equity and fixed income asset classes. The firm’s existing quantitative- and index-investing team, based in San Francisco and New York, will serve as a foundation for this effort as Nuveen continues to build out its investment platform to harness and develop new technologies. To augment these capabilities, Nuveen will also seek external partnerships with academics and industry experts. “We created this new affiliate to better leverage artificial intelligence and other technologies as Big Data plays an increasingly important role as a positive disrupter in the asset-management industry,” said Nuveen Chief Executive Officer Vijay Advani.