Nuveen wins Hong Kong licence, names Korea head
The US firm, recently rebranded from TIAA Global Asset Management, is expanding its sales team and is expected to target Asia’s wholesale market over time.
Nuveen, a US funds giant with some $900 billion under management, is stepping up its commitment to Asia, a year after putting its first sales team in the region, in Hong Kong, AsianInvestor can reveal.
The Chicago-based firm – rebranded in January from TIAA Global Asset Management – won a Hong Kong licence for advising and dealing in securities on June 21, has added a South Korea head and is eyeing dedicated resources for Japan.
What’s more, Nuveen’s new licence will allow it to…
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