US Investment Services Provider Launches New Consulting Group

Stephen Harris

22 March 2007

US-based Nuveen Investments, a provider of diversified investment services to institutional and high net worth investors, has launched a new group to respond to the increased demand for diversified income-generating portfolio solutions. Nuveen’s new Closed-End Fund and Structured Products Consulting Group will enhance support for the financial advisors who use the firm’s range of closed-end fund strategies. Members of the new team include Michael Forstl, Steve Shelton, Phillip Gaechter and Cody Farmer. “We are excited about bringing a new level of support and dedicated service to this increasingly important area of investing," said Michael Forstl, managing director, Nuveen Investments, and leader of the new team. “Closed-end funds and structured products can offer sophisticated solutions that address the growing need for regular and diversified sources of income and total return strategies for investors in or near retirement.”