
Newsmakers
Nuveen Promotes Phillips to Global Head of Real Estate
Phillips now oversees a $141 billion portfolio of commercial real estate investments.
The asset classes can provide significant diversification and are uncorrelated with other fixed-income investments.
Private infrastructure is attracting more attention from pensions, sovereign wealth funds and endowments, per a Nuveen survey.
Hopes for more M&A activity could lead to more deals and liquidity.
Doll will take on three top roles at the faith-based investment firm.
Complaint alleges Principles for Responsible Investment signatory owns at least $78 billion in fossil-fuel investments.