TIAA-CREF , the manager of retirement accounts for teachers, has agreed to buy Nuveen Investments for $6.25 billion, including debt.The combined company would rank among the 20 largest U.S. mutual-fund firms.
Why buy Nuveen?
With two money manager acquisitions in the bank this week, industry watchers see more on the way. Which firms are top targets?
Eight mutual fund companies have been named Best In Group, winning the 2013 Lipper Fund Awards for the U.S., with TIAA-CREF and Delaware Management Company collecting the top group awards.
At the 2013 Lipper Fund Awards, TIAA-CREF and Delaware Management walked off with the top prizes. Jason Kephart reports.
A bold growth plan in its early stages raises questions.
These fund shareholders have learned a lesson in civics they didn't get in school.
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