Nuveen celebrates another outstanding year of MLB partnership. With the help of the
@Cubs
and the
@SFGiants
we planted 9,856 trees that contributed to reforestation and local community enhancement projects throughout 2022.
Stephanie Link: Looking at all points on the Treasury curve the least reliable spread indicator is the 5Y-3Y. Since 1954 the 5Y-3Y curve has inverted 73 times vs 9 recessions—not a great recession indicator.
This afternoon at the
@SALTConference
, Margo Cook, President of Nuveen Advisory Services, spoke about
#diversity
saying, "We need to push for different voices in the room, it’s about diversity of thought but it’s also about getting the right people a seat at the table.”
#SALT2019
There is a growing range of alternative assets in an institutional portfolio. Watch Dimitri Stathopoulos, Head of US Institutional Advisory Services, explain why.
#SALT2019
“The discussion
@SALTConference
this week has been about how advisors can bring alternatives into their clients’ portfolios,” Margo Cook, president Nuveen Advisory Services.
#SALT2019
We are excited to be a Platinum-Plus Sponsor at this year’s
@SALTConference
happening now in Las Vegas! Live-stream here for content from the Nuveen stage.
#SALT2019
What are land-secured muni bonds? They are called “land-secured” because the obligation to pay special taxes and assessments that ultimately pay debt service on the bonds typically attaches to the land itself.
#Advisors
, learn about the complexity of today’s municipal market and steps you can take to help investors at our
#LPLFocus
session, featuring Anne Kritzmire & Stephen Ban, Room 251 at 10:40am and 2:30pm
Stephanie Link: A few noteworthy stats: Percentage of $SPX cos trading above 200-dmas down to 37% from 44% last Friday. Ratio of equal-weighted to market-cap weighted $SPX price indexes is lowest since Oct 2012. Forward P/E now 15.2x down from 19.5x in Jan.
Nuveen’s Advisor Consultant, Ray Olson and John Miller, Co-Head of Fixed Income, rode the Brightline High-Speed Rail yesterday for client meetings. In our partnership with All Aboard Florida, 3 million cars have been removed from the road and 10,000 jobs have been created.
Rapid growth of U.S. crude oil production and exports have dramatically lessened the impact that Middle East geopolitical risk has on financial markets:
#ChartoftheWeek
We are excited to kick off
#InternationalWomensDay
with Margo Cook, President of Nuveen Advisory Services. We will be recognizing key female employees at Nuveen throughout March.
#IWD2019
CPI remains tame suggesting the Fed is likely to hold off on further rate hikes. This is part of the reason the market has rallied 16% off the December 2018 lows.
Our CEO, Vijay Advani, kicked off Bloomberg's Global Responsible Investing Forum this afternoon. He spoke about RI adoption and said, "At the end of the day we are seeing that clients are the ones demanding Responsible Investing”.
#GRIF2018
Nuveen has been philanthropically contributing to
@LakeviewPantry
, one of Chicago’s largest and longest-operating food pantries, for many years. They offered
@TIAA
and Nuveen associates the opportunity to volunteer to help eliminate hunger and poverty in our community.
We have seen demand for real assets grow dramatically in recent years, and we expect it will advance further as investors better understand the positive attributes of the asset class.
We rang the opening bell at the New York Stock Exchange and kicked off the trading week by marking the 1-year anniversary of the Nushares ESG U.S. Aggregate Bond ETF (NUBD), a member of our ESG-focused ETF lineup. Learn More:
Today we welcome
@NuveenInv
in celebration of the 1st anniversary of Nushares ESG US Aggregate Bond ETF (NYSE Arca: $NUBD), tracking bonds selected for meeting certain environmental, social, and governance criteria
Jose Minaya, President and Chief Investment Officer, kicked off day two of
@BloombergLive
#GRIF2018
speaking about
#ESG
and how dialogue around the topic is accelerating. Livestream day two now:
In our view, there is little chance the U.S. will go into recession before late 2020 given continued strength in consumer and business activity confidence, especially the strong labor market:
Stephanie Link: Going back to the early 1960s shows that when the 10-year goes higher, stocks tend to follow along -- during 23 periods of rising rates, the S&P gained 19 of those times.
The Edinburgh St. James city center project is UK's largest regeneration project. Learn how we are managing this development to meet
#green
and
#sustainable
goals.
Stephanie Link:
#US
President Donald
#Trump
and
#Chinese
President
#XiJinping
agreed to put on hold the threatened tariff increases and undo existing tariffs as of Jan 1, according to a Chinese state media CGTN.
Margo Cook, President of Nuveen Advisory Services: “We are proud to once again serve as a sponsor of Youth INC’s State of the Market Investor Conference today in New York City. Nuveen believes that businesses can – and should – be a force for positive impact.”
#SOTM2019
We
#invested
$3 million in a sustainability
#bond
issued by
@Starbucks
to support local training in sustainable growing & harvesting and training & job placement for veterans and disadvantaged youth.
What creates a purpose-driven company? We’re sitting down with senior executives to discuss how they created a corporate social purpose that also aligns with their brand identities while widely appealing to consumer needs. Interested in attending?
#GRIF
At Nuveen, we have a history of leading by example. Today our CEO, Jose Minaya, participated in a leadership panel “Leading Self, in the Workplace & the Community “ and shared his personal and professional journey to develop & lead self, in the workplace and the community.
@TIAA
We are ready to host
@BloombergSBS
’s Global Responsible Investing Forum. Are you? You are invited to register for this two-day event live stream event:
#GRIF2018
Nuveen’s Global Investment Committee met today to discuss ideas around building optimal investment outcomes in today's market environment. The committee agreed on the importance of embedding
#ESG
into the investment process, no matter the asset class.
Did you know that in one year, a two-cup-a-day drinker of coffee will consume the annual harvest of 18 coffee trees? Our thirst for coffee impacts the ecosystem - learn how we are investing in
#sustainable
growing and harvesting.
Stephanie Link: The yield curve actually steepened yesterday following the strong ISM report and is worth watching. The 2/10s now stand at 24.18 bps vs recent lows at 18.94 bps and the SF Fed favorite 3/10s is at 17.45 bps vs 13.67 bps.
Looking for opportunities for
#diversification
and returns? Here’s something that may surprise you: A portfolio of 40% municipal
#bonds
and 60% equities had higher returns with less risk than a 100% equity portfolio over the past 20 years.
Should you address
#climatechange
risk in your portfolio? In our view, addressing climate change can help add alpha while reducing risks in every asset class that adopts a long-term view. Read our paper.
We are proud to sponsor the State of the Market Investor Conference which supports
@YouthINC
, an organization that transforms lives of NYC youth by empowering nonprofits that serve them
#SOTM18
Hispanics and Latinos are now the largest minority population in the U.S., and yet less than 30% of these households have a retirement account. Jose Minaya, CEO of Nuveen, explores why.
#Nuveenin90
#HispanicHeritageMonth
When the Fed buys assets to flood the banking system, it’s called quantitative easing. When it buys assets to offset growth in its liabilities, it’s merely routine.
#ChartoftheWeek
Despite periodic setbacks and the announcement of new tariffs, we remain convinced that the United States and China will be able to come to some agreement that will reduce uncertainty for consumers and businesses
The world is slowing, but only gradually. Furthermore, we believe a global recession and bear market are still at least a few years away, leaving room for portfolios with risk assets to benefit
Stephanie Link: People still want to be beautiful: $EL EPS growth of 20%, 12% organic growth… Positive callout continues to be China: Young consumers are 40% of the brand’s new consumers – Gen Z.
Pay attention to Gen Z…
Did you know that
#Barcelona
will witness the highest per capita spending in 2030 for dining out in Europe? Learn more about how our Real Estate team is investing in tomorrow’s world:
Puerto Rico case has upended municipal investors’ understanding of how special revenue bonds are protected within a Chapter 9 bankruptcy. Read our report to find out more:
Did you know that buildings account for almost 40% of total CO2 emissions? We own 49 LEED certified buildings that produce 34% less CO2, use 24% less energy, and have 20% lower maintenance costs. A win for occupants, our investors, and mother earth
#GreenBuildings
#Sustainability
Land-secured bonds in Florida are known as Community Development Districts (CDDs), which are secured by an annual assessment levy upon each planned lot/land parcel through maturity of the bonds. How are investors utilizing land-secured bonds?
We are excited to announce that we have been named to the 2020 UNPRI Leaders’ Group, which is a list of 36 organizations globally recognized for their work in
#ResponsibleInvesting
including their leadership in climate reporting.
@PRI_News
@TIAA
Assessing market-level
#climate
risk provides a picture of how climate change may impact real estate assets and the potential to
#mitigate
financial risk to investment performance. Learn more in Nuveen Real Estate’s latest
#ESG
report.
We estimate that the 10-year U.S. Treasury yield will rise to around 3.00% by March 2019 and drift modestly higher in 2019 as a possible Fed hike moves rates toward the longer run target rate. What does this mean for fixed-income investors?
In the last week of
#WomensHistoryMonth
, we are celebrating Gwen Cooney, senior operations and business manager. Gwen believes financial services can do more to raise the visibility of women, while also actively recruiting and promoting women in a variety of different roles.
The Fed raised its target benchmark interest rate, the fed funds rate, by 25 basis points (0.25%), to a target range of 2.25% to 2.50%. What does this mean for investors? Read our insights:
Jose Minaya, Chief Investment Officer and President, Global Investments at the London
@BloombergSBS
on
#ESG
taking over: “Absolutely, it’s hard to say when and to what extent, but I do believe it will just become a normal part of the investment process going forward.”
6% of the world’s
#greenhouse
gas emissions come from homes and commercial buildings, so we’ve invested $40 million in the Topaz Solar Farm in California to help reduce carbon emissions. This is the equivalent of taking 160,000 homes off the grid each year
Speaking at an alternatives roundtable hosted by
@CAMRADATA
, Alice Breheny joined industry experts to discuss the potential benefits of integrating real estate into an illiquid alternative portfolio. Download now:
We worked with
#Napa
Sanitation District to route treated waste-water to vineyards. The result? Ground water usage was reduced by 75% and irrigation costs were lowered by 65%
#impactinvesting
Stephanie Link: The Russell 2000 has underperformed the S&P by 3.4% over the last 5 days. That’s the worst relative 5 day performance for the Russell since 2011 and the first -2 standard deviation 5D move since 2015.
Rekha Unnithan, Impact Investing Portfolio Manager, spoke at RI Americas in NY yesterday during
#SustainableFinanceWeek
. She explained, "Investing for people and planet makes for a credible investment strategy alongside risk adjusted returns."
@Bloomberg
Tom Franks: The selloff in non-U.S. stocks this year has been excessive, in our estimation, pricing in significant economic weakness that is not actually occurring and doesn’t seem likely to develop
If companies didn’t care about
#climatechange
, what sort of world would we live in? And, how profitable would those investments be? Addressing climate change is critical to adding alpha and reducing risk in every asset class that takes the long view.
Alice Breheny, global head of research at
#NuveenRealEstate
discusses why we believe cities will continue to be a hub for economic growth in the long term despite the global pandemic
Stephanie Link: The clear highlight to today’s employment report was wages with AHE now up 3.1% annualized. Average wages have now increased 3.3% annualized in the last 6 months.
#VIDEO
: Did you know that each year a piece of forest the size of Denmark is destroyed? We worked with the International Finance Corporation to develop the first
#ForestsBond
to help protect 500,000 acres of forest in east
#Kenya
. Watch:
Nuveen’s partnership with Off The Street Club is helping to give over 3,000 at-risk children a safe place to go for games, play and mentorship. Another way we’re investing to make an enduring impact on our world.
@OTSC
We are proud to be a part of the UK's largest regeneration project helping modernize and revitalize the Edinburgh St. James city center
#sustainableinvesting
We believe that global growth is stabilizing, the Fed will be data dependent and the positive credit environment will continue into 2019. What does this mean for your income-oriented portfolio?
Margo Cook, President, Nuveen Advisory Services is kicking off our Inaugural Women’s Asset Management Industry event. Featuring dialogue with experts who’ve driven change by promoting diversity in their own industries.