The expanded taxable offering on BondNav, which includes investment-grade and high-yield corporate debt, is backed by the company’s team of fixed-income specialists, who bring decades of experience in trading all taxable products.
Nuveen Goes Green With Addition Of Two Responsible Investing Funds
Nuveen, based in Chicago, has expanded its portfolio of responsible investment offerings by adding two actively managed fixed-income mutual funds. The Green Bond Fund and Short Duration Impact Bond Fund offer investors the dual benefit of delivering competitive financial returns while promoting positive environmental, social and governmental outcomes.
The Green Bond fund is designed to deliver competitive long-term, risk-adjusted investment returns against its benchmark, the Bloomberg Barclays MSCI U.S. Green Bond Index. Investments primarily include securities issued by sovereign and local governments, corporations, securitized bonds and multinational agencies, with an emphasis on renewable energy, climate change and natural resources.
The Short Duration Impact Bond Fund has an average maturity of three and a half years. It will appeal to investors seeking a shorter time frame or to retirees in a drawdown phase. The fund’s benchmark is the Bloomberg Barclays U.S. 1-3 Year Government Credit Bond Index.
The funds further diversify Nuveen’s existing suite of responsible investing-focused mutual funds.
Strategic Philanthropy Releases Fifth Edition Of Charitable Planning Guide
After seven years and four successful editions of its Charitable Planning Desk Reference for Advisors (CPDR), Strategic Philanthropy of Chicago has released its fifth edition of the popular guide.
The latest edition of CPDR is the result of significant shifts in demographics, wealth accumulation and technology, which have affected the practice and financing of charitable giving. A new demographic of high-net-worth clients has emerged, consisting predominantly of women and millennials. They are increasingly seeking the advice and counsel of their financial advisor before making a charitable gift, rather than donating outright to private foundations.
The fifth edition of the desk reference provides advisors with a comprehensive, up-to-date reference tool that meets the needs of women and millennials seeking to make a difference in an increasingly global economy through their generous charitable donations. It’s available in both print and digital format.