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ISTM that it's fairly common for fund families to gradually make subsidiary names disappear, unless those names continue to retain significant value.
Nuveen acquired the investment management companies NWQ in 2002 and Santa Barbara in 2005. I don't know whether those names are well regarded by insiders, but I wouldn't say they are especially valuable as fund brands. Hence the deletion of NWQ and Santa Barbara from the fund names.
Anyone remember Nuveen Tradewinds? In contrast to the changes here, that vanishing act was as much a genuine internal restructuring as a name change.
TIAA (then TIAA-CREF) acquired Nuveen in 2014, but I still expect funds with those brands to stay around for a long time. They retain value as brands. Though I could certainly envision some realignment of the funds some time in the future.
For example TIAA might focus on equity funds while Nuveen concentrated on fixed income, or TIAA might focus on index and index-lite funds (funds with index and active sleeves) while Nuveen concentrated on more actively managed funds. Just a couple of possibilities based on these brands' connotations.
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Nuveen acquired the investment management companies NWQ in 2002 and Santa Barbara in 2005. I don't know whether those names are well regarded by insiders, but I wouldn't say they are especially valuable as fund brands. Hence the deletion of NWQ and Santa Barbara from the fund names.
Anyone remember Nuveen Tradewinds? In contrast to the changes here, that vanishing act was as much a genuine internal restructuring as a name change.
https://www.morningstar.com/articles/541029/ill-winds-blow-at-tradewinds
https://www.businesswire.com/news/home/20160516006657/en/NWQ-Investment-Management-Company-Accelerate-Growth-Global
TIAA (then TIAA-CREF) acquired Nuveen in 2014, but I still expect funds with those brands to stay around for a long time. They retain value as brands. Though I could certainly envision some realignment of the funds some time in the future.
For example TIAA might focus on equity funds while Nuveen concentrated on fixed income, or TIAA might focus on index and index-lite funds (funds with index and active sleeves) while Nuveen concentrated on more actively managed funds. Just a couple of possibilities based on these brands' connotations.
https://www.dowjones.com/scoops/tiaa-cref-buy-nuveen-investments-6-25-billion-including-debt-companies-say/