Former
Nuveen Investments' compliance head
Lisa Crossley has joined Nuveen subadvisor
Spectrum Asset Management.
Crossley is Spectrum's new director of compliance, a position only previously staffed by a part-time employee, said Tina Marchetti, spokeswoman for the Principal Financial Group. Spectrum is a subsidiary of Principal Financial.
Spectrum subadvises five of Nuveen's funds, totaling $7.5 billion in assets.
A Nuveen spokeswoman did not immediately return a call seeking whether Nuveen has replaced Crossley. 
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