US-based asset manager Nuveen has agreed to acquire British money manager Schroders in a deal that will create one of the world’s largest active asset managers, with close to US$2.5 trillion in combined assets.   The acquisition is valued at £9.9 billion (US$13.5 billion), according to an announcement on Thursday. The deal is financed through the cash resources of Nuveen’s parent […]

The post Nuveen buys Schroders for US$13.5bn as consolidation heats up appeared first on Asian Private Banker.

High net worth individuals (HNWIs) in Asia are rotating into emerging market (EM) debt and Japanese equities in the face of a persistent bubble in tech stocks and a weakening US dollar, Nuveen’s Laura Cooper told Asian Private Banker. EM debt has seen increased investor interest this year due to higher yields and attractive valuations, with recent gains and positive […]

The post Asian HNWIs rotating to EM debt and Japan amid dollar weakness appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. Allocators globally are increasing their allocations to private real estate as a diversifying asset. But for private wealth investors looking to do the same, considerations like sector, vintage year and macro trends can help inform a successful investment. A global spike in volatility in 2025, especially in the US market, saw investors searching […]

The post Timing real estate portfolios for optimal return cycles appeared first on Asian Private Banker.

North Asia’s private wealth business is experiencing unprecedented growth, breaking records across the board in 2025, according to leading private bankers at the Asian Private Banker Summit 2025 in Hong Kong today. The panel discussion, Behind the Rebound: Momentum in North Asia’s Private Wealth Business, highlighted the convergence of massive wealth creation, strategic migration, and rapid technological adoption as the […]

The post APB Summit 2025: UBS, Julius Baer, BNP Paribas ride record North Asia wealth flows appeared first on Asian Private Banker.

It’s been a little over four years since Jeff Carlin became the head of global wealth at Nuveen, a US asset management firm managing US$1.3 trillion in assets. However, the potential for growth by shifting from a focus on US retail to the global wealth markets is just starting to emerge. When Carlin started, Nuveen’s business outside the US was […]

The post Nuveen’s global wealth head on unlocking Asian wealth through private markets appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. Investors looking for shelter in a volatile economic climate will find an attractive entry point for private real estate, says Gracie Coburn, assistant portfolio manager of Nuveen global cities strategy. With prices in private real estate now past the bottom, but still well below peak pricing, we think that a critical buying window […]

The post Private real estate can offer stability and income amid market uncertainty appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. Despite macro uncertainty bleeding into 2025, investor confidence is returning, and alternative asset classes such as real estate and collateralised loan obligations are showing promising signs. Investors enter 2025 with lingering uncertainties. However, the consensus is that we will remain in a higher interest rate environment compared to the last 15 years. While […]

The post Exploring the growth of CLOs and real estate in alternative investing appeared first on Asian Private Banker.

US asset manager Nuveen, which manages US$1.2 trillion in client assets, is pushing into Asia with its flagship real estate strategy, identifying the rising demand for alts and familiarity with real estate within Asia as strong tailwinds. “From the US, the international expansion has been very successful over the last five years. Historically, wealth clients in the US, represent a […]

The post Nuveen bets on flagship strategy to meet rising alts demand in Asia appeared first on Asian Private Banker.

While business updates were a key focus at the APB Summit 2024 in Singapore, top leaders from Julius Baer, UOB Private Bank, and Barclays Private Bank also explored their strategies for the next generation of clients – a segment experiencing substantial intergenerational wealth transfer. Julius Baer reported an 11% increase in assets under management (AUM) to CHF 474 billion (US$549 […]

The post APB Summit 2024: How Julius Baer, UOB, and Barclays are (private) banking on the future appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. With central banks beginning to loosen policy rates, the market is poised for a rebound, presenting new opportunities for investors who understand the nuances of the global markets and sectors. 1. What is the current situation of global real estate investment? Shawn: Since the reversal of the low-interest rate regime in early 2022, […]

The post Navigating the shifting landscape of real estate appeared first on Asian Private Banker.

Following President Joe Biden’s withdrawal and subsequent endorsement of Kamala Harris, asset managers and private banks are weighing up the implications of an electoral face-off between the current vice president and former President Donald Trump. Harris announced on X (formerly Twitter) on Tuesday that she had secured enough nominations to become the presumptive Democrat nominee. With a Trump versus Harris […]

The post Trump vs Harris: How are asset managers prepping their portfolios? appeared first on Asian Private Banker.

Investment manager Nuveen has internally elevated the Nuveen Asset Management president to the role of CEO, according to a company statement on Thursday. William Huffman has been appointed as CEO of Nuveen, and succeeds Jose Minaya. Huffman will chair the Nuveen executive leadership team and serve on TIAA’s executive committee, the company said. Nuveen is the investment manager of TIAA, the […]

The post US$1.2tn investment manager promotes internally for new CEO appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. Authors: Randy Schwimmer, vice chairman and co-head of senior lending at Churchill Asset Management from Nuveen What can investors expect from private capital markets? The higher-for-longer interest rate environment in the US means investors and borrowers alike are navigating a slowdown in dealmaking, valuation discrepancies and higher borrowing costs. This has led to […]

The post Ushering in a Goldilocks era of private credit appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. In this higher-for-longer environment, private assets should continue to be a compelling source of risk-adjusted returns, income and diversification. More often associated with institutional investors, we expect a key theme in 2024 to be greater access to private markets for private wealth investors. Capital is needed to fund large-scale infrastructure projects, facilitate the […]

The post The appeal of private assets in 2024 appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. Private credit has seen significant inflows for much of the past decade, growing from US$600 billion in 2013 to a total value of US$1.4 trillion by the end of 2022, according to EY1, and recent events have only added to the asset class’s attractiveness. But as the name suggests, private credit can only […]

The post Making private credit less private appeared first on Asian Private Banker.

Private banks should not fret too much about the latest defaults in the Chinese property market, with opportunities still existing in other parts of the Asian high yield credit market. This is according to Andy Suen, co-head of Asia ex-Japan, fixed income, at PineBridge Investments, who believes that Asian fixed income is benefitting from a favourable economic backdrop versus developed […]

The post CIO Insight – Opportunities in HY despite latest China defaults: PineBridge appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. Even as traditional fixed income offers more attractive rates, investors continue to explore alternative credit for its stability. Nuveen’s 2023 EQuilibrium survey found that income investors were revisiting their traditional fixed income allocations as they expand their reach for yield. However, investors were not only exploring opportunities in mainstream bonds. Investing in alternative […]

The post Why income investors are eyeing private credit appeared first on Asian Private Banker.

This is a sponsored video from Nuveen.  As interest rates rise and public market volatility increases, investors are attracted to private credit as a diversified source of steady income and uncorrelated returns. Randy Schwimmer, Co-Head of Senior Lending from Churchill Asset Management, joins APB to discuss the use of private credit in portfolio diversification, trends in investor appetite, and […]

The post APB Thought Leaders: Diversify beyond traditional asset classes with private credit appeared first on Asian Private Banker.

 Nuveen’s Richard Kimble, Lead Portfolio Manager, Real Estate, shares insights on what real estate offers despite market volatility, and how it holds up in both rising and falling interest rate environments.

The post APB Thought Leaders: How allocating to real estate can help mitigate market volatility appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. At Nuveen, 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. Real assets offer the opportunity for diversification, inflation hedging and competitive total returns. Real assets may also serve as a non-traditional […]

The post Get real with income-producing real assets appeared first on Asian Private Banker.

This is a sponsored article from Nuveen. For years, investors have held steady on their reasons to allocate to private real estate: return potential, income, volatility management, inflation hedging and diversification. But the current environment is testing every asset class. Can real estate still deliver? Can real estate income keep pace with inflation? Generally, rents rise with inflation, driving income […]

The post Hardball: Does real estate still have what it takes? appeared first on Asian Private Banker.

This week: All eyes on China consumption recovery: MegaTrust Investments; Easing COVID-19 restrictions creates opportunities: BNP Paribas; More headwinds for non-US equities: Nuveen All eyes on China consumption recovery: MegaTrust Investments China A-shares in sectors including consumption, technology, healthcare and financials are set to outperform amid global market turmoil, according to one prominent boutique investor, who has pointed to recovering […]

The post CIO Weekly – Why this investor thinks it’s time to buy China consumption stocks appeared first on Asian Private Banker.

Partners Group has hired a head of private wealth for Asia Pacific, the firm confirmed with Asian Private Banker. Henry Chui is relocating from Hong Kong to Singapore to join the US$131 billion asset manager from US$1.2 trillion rival Nuveen, where he was a managing director, head of private wealth for Asia Pacific. Prior to that, he was head of […]

The post Partners Group nets Asia-Pacific head of private wealth from Nuveen appeared first on Asian Private Banker.

Hong Kong-based fintech platform Altive aims to remove the hurdles to the alternative investment market by connecting with institutional asset managers that distribute alternative solutions to HNWIs and single family offices (FOs). On its third anniversary, the firm told Asian Private Banker what was behind its rapid AUM growth. “It has been a fruitful three years since our establishment: AUM […]

The post Alternative asset manager Altive eyes US$600 million in AUM after just three years appeared first on Asian Private Banker.

Compared to traditional stocks and bonds, how does land-based investment provide a reliable hedge against inflation in the long-term? And what does it mean to diversify via crop types, and how does that translate into performance? Martin Davies, global head of Nuveen Natural Capital, shares all this and more with Asian Private Banker. “Diversifying by different crop types [such as […]

The post ESG 2.0 – Crop diversification and income? Nuveen’s Martin Davies explains appeared first on Asian Private Banker.

Real estate investment will be the new income play for investors who have been hunting for fresh sources of yield in an inflationary environment, asserts Henry Chui. The head of private wealth APAC at Nuveen, the US$1.2 trillion investment manager, told Asian Private Banker that “real estate has been a resilient asset class in an inflationary environment because it simply […]

The post How real estate can fortify your portfolio against inflation: Henry Chui of Nuveen appeared first on Asian Private Banker.

Private banks and asset managers in Asia-Pacific are adding exposure to dividend-paying equities, private credit and US dollars as they seek to make portfolios more diversified and less sensitive to inflation amid volatile markets. Global equity and bond markets have been pummelled in the opening months of 2022 by surging inflation, rising interest rates and geopolitical strife, prompting investors to […]

The post Three ways private banks are defending clients against inflation appeared first on Asian Private Banker.

 This video is brought to you by Nuveen. With inflation breaking records monthly, high net worth investors are looking for novel ways to protect their assets. One option is real estate. Shawn Lese, CIO and head of funds management Americas, Nuveen Real Estate, explains how — in a world starved of income — real estate can fulfil a need […]

The post APB Thought Leaders: Alternative investment: The Case for Real Estate in an Inflationary Environment appeared first on Asian Private Banker.

The conflict between Russia and Ukraine and its economic fall-out have rocked capital markets around the global and could have a significant impact on the portfolios of private bank clients. Among the most affected asset classes, at least in the short-term, are commodities including oil and gas, as well as European and emerging markets (EM). While some market participants are […]

The post Here is what the Russia-Ukraine conflict means for private clients’ portfolios appeared first on Asian Private Banker.

Markets may be in for a choppy ride as the Delta variant of Covid-19 weighs on global growth while central banks around the world rein in stimulus, leading investment stewards said. “Global growth is slowing from its fastest pace in decades as the Delta variant disrupts the recovery, governments gradually withdraw stimulus and policy risks multiply,” said Brian Nick, Nuveen’s […]

The post Investors advised to buckle up with Delta variant set to hit global growth appeared first on Asian Private Banker.

Nuveen Asia Pacific on Monday announced a new vice president and head of Southeast Asia institutional coverage Effective 1 September 2021, Gracee Teo has taken up responsibility for developing and maintaining relationships with institutional clients across Southeast Asia. Based in Singapore, she reports to Simon England-Brammer, senior managing director and head of Asia Pacific and Middle East, Global Client Group, […]

The post Nuveen poaches Singapore-based Fullerton veteran for SE Asia institutional coverage appeared first on Asian Private Banker.

 Alternative real estate is likely to become a mainstay in investors’ portfolios during the next decade as investors realize, post-COVID, how much they need to increase diversification within their traditional real estate portfolios. Values of nearly all real estate sectors declined at the onset of the pandemic, but the initial fall was short-lived. Many sectors recovered quickly and are […]

The post APB Thought Leaders: Alternative Investing: Finding Opportunities in Real Estate by Nuveen appeared first on Asian Private Banker.

The institutionalisation of real assets, such as real estate, and the resulting access to “deep” pools of capital will likely upend the subset of alternative investments which has been a traditional favourite of U/HNWI in the Asia Pacific region, according to the investments steward for the region at Nuveen Real Estate, the manager of US$133 billion AUM. “The magnitude of […]

The post There is value to be found in real estate investments, but not for long: Louise Kavanagh of Nuveen Real Estate appeared first on Asian Private Banker.

One of the world’s largest asset managers that you may never have heard of is leaning on a technology-first strategy to bring income-generation to private wealth clients in the region. Nuveen, the manager of US$1.2 trillion in assets at the end of December, has signed up two separate partnerships with Altive, the alternative investment fintech platform funded by Pacific Century […]

The post World’s biggest AM that you have never heard of: Real-estate is more than office space appeared first on Asian Private Banker.

The region’s wealthy investors are increasingly turning to feeder funds to increase their alternative exposure because of the favourable minimum ticket size, according to Altive, an alternative investment platform. “There are a lot of good alternative products available, but usually the ticket size is big and the investment horizon is long, which makes many private investors step back,” Nick Wong, […]

The post HNWIs increasingly turning to feeder funds for alternative exposure: Nick Wong of Altive appeared first on Asian Private Banker.