MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Monday, January 3, 2011 Who's Who at the Bulked-Up Nuveen With Nuveen Investments' purchase of FAF Advisors' long-term investment business from U.S. Bancorp now complete, here's a look at the leadership team at Nuveen Asset Management: Meanwhile, Frank Wheeler, who was previously head of distribution at FAF Advisors, is now executive vice president, head of retail product development and marketing at Nuveen Investments, reporting to Schreier. The deal "allowed us to expand our investment capabilities beyond munis and some taxable fixed income offerings," Huffman said in an interview with The MFWire.com on Monday afternoon. The transaction brought 41 mutual funds from First American to Nuveen. Nuveen Asset Management now has a total of 76 mutual funds with combined AUM of $43 billion. Company spokeswoman Kathleen Cardoza said approximately 200 FAF employees are now with Nuveen. Of that number, 91 are now with Nuveen Asset Management and the rest are with Nuveen Investments. Nuveen Asset Management now counts a total of 149 employees. Printed from: MFWire.com/story.asp?s=35544 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |