What You Need to Know
- Nuveen has named Saira Malik its new chief investment officer.
- She will continue to head up the firm's global equity business.
- The 26-year veteran will also lead Nuveen's global investment committee.
Nuveen, the $1.2 trillion investment manager for TIAA, has named Saira Malik its new chief investment officer, it announced Monday. Malik, with 26 years of experience in investment management, will lead the firm’s strategic market views and investment teams in all asset classes. She started the newly structured role Monday.
Malik, who joined Nuveen in 2003, will remain global equities CIO, and thus will maintain her portfolio management and leadership responsibilities for the firm’s $450 billion global equity business. This includes remaining lead portfolio manager for the $132.95 billion CREF Stock strategy and listed portfolio manager for the CREF Growth and CREF Global Equities strategies.
She will also head up the firm’s global investment committee.