FINRA Fines Nuveen Investments $3 Million for Misleading Marketing
FINRA has fined Nuveen Investments, the largest manager of closed-end funds, $3 million for creating misleading ARPS brochures in 2008.
Nuveen Investments Completes Purchase of FAF Advisors
‘Strategic combination’ in exchange for stock, cash.
Nuveen Acquires First American Funds Advisors
Nuveen Investments announced Thursday, July 29, that it had acquired the long-term asset business of First American Funds Advisors (FAF) from U.S. Bancorp in exchange for a 9.5% stake in Nuveen and an undisclosed amount of cash.
Nuveen and State Street Debut Build America Bond ETF
Unlike most municipal bonds, BABs are taxable and current yields are comparable to corporate bonds, which historically have had a higher default rate than municipal bonds.
Nuveen Says It Has 'Positive Momentum'
In 2008, Nuveen Investments wrestled with the freeze-up of the auction-rate preferred securities market and sought to restore liquidity at par to preferred shareholders and...
Deutsche Bank Launches Value-Focused ETNs
Deutsche Bank has announced it will issue ELEMENTS exchange-traded notes (ETNs) linked to Benjamin Graham Intelligent Value Indices. Benjamin Graham ELEMENTS ETNs are senior unsecured obligations...
An Advisor's Advisor
Ask not what your clients can do for you -- ask what you can do for your clients. That variation on a John F. Kennedy theme...
Chicago-based Nuveen Investments says it is being acquired by a private-equity group led by Madison Dearborn Partners, LLC. As part of the deal, Nuveen stockholders...
Peace within the portfolio
Described as precision-guided investments by one expert, exchange-traded fund inflow rates continue their stratospheric rise. Combined domestic ETF assets reached $383.3 billion in the latest...
Family Portrait: PowerShares Capital Management LLC
Going Off the Straight and Narrow