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TIAA, Nuveen fund boards propose unitary structure


The boards overseeing TIAA's 88 and Nuveen Investments' 135 mutual funds plan to merge into a singe entity, nine years after TIAA acquired Nuveen for $6.25 billion. All but two retiring Nuveen directors will remain in place, but only four of the independent directors currently overseeing TIAA's funds will join the ... Log in to view full article.