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Nuveen, the asset manager of TIAA, has named Saira Malik as its chief investment officer, with responsibility for driving market and investment insights and delivering client asset allocation views from across the firm’s independent investment teams. Nuveen manages US$1.2 trillion in equities, fixed income, real estate, private markets, natural resources, other alternatives and responsible investments.
She will also lead the firm’s global investment committee, which brings together the most senior leaders from Nuveen’s investment teams to deliver the best thinking and actionable portfolio allocation ideas.
Malik will maintain her portfolio management and leadership responsibilities for Nuveen’s US$450 billion global equity business, in addition to developing consensus views alongside colleagues from across the firm’s investment platform.
She will remain lead portfolio manager for the US$132.95 billion CREF Stock strategy and a listed portfolio manager for the US$37.84 billion CREF Growth and US$27.21 billion CREF Global Equities strategies.
Malik, who has 26 years of investment experience in portfolio management, global research and analyst roles, will continue to report to William Huffman, head of the firm’s fixed-income and equity platform.
Huffman says: “Malik is dedicated to delivering strong returns to help secure the financial futures of clients and has been an essential part of the firm for nearly two decades.”