Bob Doll, Nuveen Asset Management’s chief equity strategist and senior portfolio manager, will manage a new suite of large-cap equity mutual funds being offered by Nuveen, the firm announced Wednesday.
Doll, who was appointed chief equity strategist at Nuveen last November, will manage nine new equity investment strategies within the traditional, specialty and alternative categories. The appointment of the respected financial industry leader raised Nuveen’s visibility in the equity space.
The new funds in the traditional category are the Nuveen Large Cap Value Fund, the Nuveen Large Cap Core Fund and the Nuveen Large Cap Growth Fund; in the specialty category are the Nuveen Core Dividend Fund, the Nuveen Concentrated Core Fund and the Nuveen Growth Fund; and in the alternative category are the Nuveen Large Cap Core Plus Fund, the Nuveen Equity/Long Short Fund and the Nuveen Equity Market Neutral Fund.
The diversified offerings are designed to meet the needs of investors who want to access the equity market for the long term, Nuveen says.
“Our goal was to craft a series of strategies that we believe can offer investors quality alpha generation with consistent performance over time,” says Doll. The investment process for the new suite of funds is based on a balance of fundamental and quantitative inputs, says Nuveen, which has $125 billion in assets under management.