What to Think About Fund Company Mergers
Running through the numbers.
Home Grown or Acquisition?
Yesterday's column looked at TIAA-CREF's recent purchase of Nuveen Investments from the perspective of the fund company. What motivated TIAA-CREF to make the acquisition, and would it turn out to be a sound investment? I expressed my doubts on both fronts.
Today's column flips the view. What should shareholders of TIAA-CREF and Nuveen funds think?