In a Thursday memo to employees, Jose Minaya, Nuveen's chief investment officer, said private markets head Heather Davis would retire.
Nuveen's Heather Davis is leaving the asset manager after 24 years, while four equity portfolio managers are out.
Her departure follows four equity portfolio managers earlier this week. Asset managers have been cutting both staff and senior executives in a push to cut costs.In a Thursday memo to employees, Jose Minaya, the $930 billion firm's chief investment officer, said private markets head Heather Davis would retire.See alsoAs asset management growth grinds to a halt, firms have to get creative. Here are the 3 avenues analysts say will best boost revenue.
Davis joined the firm in 1995 and has served as president and chief investment officer for private markets since January 2017, according to her LinkedIn profile., Business Insider previously reported. In addition to the departures, Nuveen is consolidating its real estate and real assets team, which will be led by Mike Sales, the head of real estate.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
4 portfolio managers have exited asset management giant Nuveen after their funds took a hit in 2018Some of the portfolio managers had been in their roles for over a decade at the $930 billion asset manager.
Baca lebih lajut »
4 portfolio managers have exited asset management giant Nuveen after their funds took a hit in 2018Some of the portfolio managers had been in their roles for over a decade at the $930 billion asset manager.
Baca lebih lajut »
Former Oath CEO Tim Armstrong Backs Brand Asset Management SoftwareMedia and advertising veteran Tim Armstrong has bought a stake in Brandfolder, a startup that makes cloud-based brand-management software.
Baca lebih lajut »
Allianz explores combining its asset management unit with DWS: ReportThe German insurer Allianz is investigating combining its asset management busin...
Baca lebih lajut »
How To Solve Data Management Challenges In A Microservices WorldBy using the proven advanced features of Oracle Database, organizations can more easily realize the benefits of microservices-based applications while avoiding much of the complexity and cost.
Baca lebih lajut »
Disney Closes $71.3 Billion Deal for 21st Century Fox AssetsDisney closed its acquisition of the major entertainment assets of 21st Century Fox, combining some of Hollywood’s best-known studios, characters and franchises to better compete against Netflix.
Baca lebih lajut »
Disney closes $71 billion acquisition of Twenty-First Century Fox's assetsWalt Disney Co closed its $71 billion acquisition of Twenty-First Century Fox In...
Baca lebih lajut »
Inmarsat in $3.3 billion go-private transatlantic deal talksInmarsat Plc said on Tuesday it has received a cash takeover offer from a privat...
Baca lebih lajut »
Hidden cameras in Kraft probe shows how police can secretly infiltrate private businessThe investigation that involves Robert Kraft's case shows how police can secretly install hidden cameras inside a private business, a CNBC investigation finds.
Baca lebih lajut »