NEW YORK--(BUSINESS WIRE)--TIAA Global Asset Management, a leading investment manager, announced today the appointment of Brian Nick as Chief Investment Strategist for TIAA Investments. Based in New York, Mr. Nick will work closely with the investment management team to analyze market data, identify trends and provide insights on events driving market activity.
“Brian is a welcome addition to our team. His experience and insight will be an integral part of our commitment to seeking positive long-term investment performance on behalf of our clients,” said Bill Riegel, Chief Investment Officer at TIAA Investments. “The global market environment is becoming increasingly complex and Brian’s contributions will be instrumental as we strive to continue delivering the award-winning performance for which our firm has become known.”
In this role, Mr. Nick will share his perspectives on global market trends, equities and fixed income markets outlook, and other investment analysis, through presentations to individual and institutional investors, and by contributing thought leadership content to TGAM.com/insights.
Mr. Nick brings extensive knowledge of global macroeconomic conditions, capital markets, alternative investments and tactical asset allocation to TIAA Investments, which earned the ThomsonReuters Lipper Best Large Fund Company award1 in 2016 for an unprecedented fourth year in a row based on risk-adjusted performance. His experience navigating challenging market cycles complements TIAA Global Asset Management’s existing strengths as one of the world’s largest asset managers.
Formerly with UBS Wealth Management Americas, Mr. Nick was head of tactical asset allocation and led the firm’s efforts in developing its tactical investment strategies and portfolio concepts. Prior to UBS, he was responsible for tactical asset allocation modeling and capital market assumptions as head of alternatives strategy and investment strategist at Barclays Wealth. He was also a markets analyst at the Federal Reserve Bank of New York.
“I am excited to join TIAA Investments, which is known for its investment prowess, diverse asset class expertise and commitment to long-term investing,” said Brian Nick. “I look forward to collaborating with my new colleagues and representing the team by communicating the firm’s views on a diverse range of market-related topics.”
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About TIAA Global Asset Management
TIAA Global Asset Management provides investment advice and portfolio management through Teachers Insurance and Annuity Association of America (TIAA) and more than a dozen affiliated registered investment advisers. Collectively managing $889 billion in assets, the business provides access to innovative investment strategies through expertise that spans traditional and alternative asset classes, generating new investment opportunities for clients through a wide array of vehicles including funds, customized strategies and solutions. TIAA Global Asset Management is committed to TIAA’s legacy of helping individuals and institutional clients achieve long-term investment success and financial well-being.
TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.
Past performance is not indicative of future results. The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. Certain products and services may not be available to all entities or persons.
1 From Thomson Reuters Lipper Awards, ©2016 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
The Thomson Reuters Lipper Best Overall Fund Award is based on a review of 36 companies in 2012, 48 companies in 2013 and 2014, and 37 companies in 2015 based on risk-adjusted performance. The Thomson Reuters Lipper Best Mixed Asset Large Fund Award is given to the group with the lowest average decile ranking of three years’ Consistent Return for eligible funds over the three-year period. A detailed awards methodology can be found at http://excellence.thomsonreuters.com/award/lipper.
Certain funds have fee waivers in effect. Without such waivers ratings could be lower. For current performance, rankings and prospectuses, please visit the Research and Performance section on TIAA.org
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©2016 Teachers Insurance and Annuity Association, New York, NY 10017
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