The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Nuveen
Nuveen, a New York-headquartered global asset manager with $1.3 trillion in assets under management, has unlocked access to its $300 billion alternatives platform with the introduction of two in-demand private market strategies to qualified individual investors in Europe and Asia. 

The strategies will be available through select intermediary platforms, providing exposure to Nuveen’s $142 billion real estate and $80 billion private credit platforms respectively. The global cities real estate strategy, which invests in commercial real estate properties, aims to provide investors with income and growth from the world's most dynamic cities. 

The European private credit direct lending strategy in collaboration with Arcmont Asset Management, a European private debt asset management firm, seeks to capitalise on a consolidating lending market and bank retrenchment by sourcing high-quality mid-market opportunities across a diverse and underpenetrated region.

"These launches directly address the surging appetite of individual investors for private markets strategies, which is a trend we’re seeing globally," said Jeff Carlin, head of global wealth advisory services at Nuveen. “They come at a transformative moment when the wealth management industry is fundamentally reimagining portfolio construction – incorporating alternatives that could offer investors an opportunity to enhance resilience and pursue compelling risk-adjusted returns amid today's unprecedented market complexity.”

The expansion builds upon Nuveen's position in alternative investments. In addition to these two strategies, Nuveen has previously made exposure to farmland and agricultural assets, collaterialised loan obligations and US middle market private capital available to qualified individual wealth investors.