Hints and tips:
...Most Gen Xers have 401k plan balances that are woefully inadequate to fund a long retirement....
...Thasunda Brown Duckett, chief executive of retirement provider TIAA, has been talking for several years about a $4tn gap between what Americans need for old age and what they have saved....
...After the 2008 financial crisis, large investment groups such as PGIM, PSP and TIAA started to buy up more US agricultural land as they sought to diversify and protect their portfolios against downturns...
...Nuveen, which is the investment manager for US teachers pension fund TIAA, is buying Arcmont to build its lending presence in Europe and expand its overall private credit business as rising interest rates...
...Before joining Ark, he was as an intern at TIAA. *Ignites is a news service published by FT Specialist for professionals working in the asset management industry....
...Big institutions have long pursued farmland, led by fund groups such as TIAA and public pension plans, but institutional investors own only 2 per cent of the $3tn US market, according to industry estimates...
...The investment groups Calpers, State Street and TIAA are also members, alongside the Ford and Rockefeller Foundations, OECD secretary-general Angel Gurría and Mark Carney, the UN special envoy for climate...
...I don’t have a retirement fund set up. I don’t have any property. I’m not married. I don’t have any children.”...
...State Street and other asset managers opposed the 2020 Trump administration ESG regulation, and Wednesday’s proposal was applauded by groups including TIAA and Natixis....
...TIAA has tapped Thasunda Brown Duckett, one of the leaders of JPMorgan Chase’s consumer bank, to become chief executive at the $1.3tn investment manager....
...Product innovation across vehicles has been a big priority for Nuveen since it finished integrating its legacy business into TIAA’s, said Jordan Farris, managing director of product management and development...
...Charlie Penner, head of active engagement at Engine No 1 — the tiny hedge fund that launched a successful attack on ExxonMobil earlier this year — is leaving the activist fund, per Reuters....
...Before joining TIAA in 2008, Mr Ferguson was head of financial services for Swiss Re, the global reinsurance company....
...fund....
...TIAA-CREF has waived fees on two funds that invest in government debt and government-backed securities....
...TIAA, which also runs a brokerage platform with third-party funds, eliminated commissions on equities, ETFs and option trades in January 2020....
...“Going through a divorce is a huge distraction for a business owner,” says Colleen Carcone, director of wealth planning strategies at financial services company TIAA in Boston....
...TIAA-CREF, one of the largest US providers of financial services, warned this month that “returns could go negative” on its money market funds....
...TIAA is working at beating this by engaging with communities and using behavioural tools to help them improve their financial circumstances in retirement....
...Job moves Roger Ferguson, chief executive of the money manager TIAA, will retire in March....
...Job moves TIAA has hired Thasunda Brown Duckett, one of the leaders of JPMorgan’s consumer bank Chase, to become chief executive at the $1.3tn investment manager. Read more here....
...There is ample evidence ESG enhances performance,” points out Roger Ferguson, head of financial services firm TIAA, which has expressed criticism of the DoL rule....
...Danish pension fund PFA and the HESTA Australian superannuation fund have also joined the march toward net-zero emissions by 2050....
...” designation has been applied to an existing fund...
...“This is an area which should be driven by facts and not ideology and emotion,” points out Roger Ferguson, head of TIAA. Quite so....
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