Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Two Big Firms Go Partly Remote Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 12, 2020

Two Big Firms Go Partly Remote

News summary by MFWire's editors

A pair of big asset managers are going at least partly remote at their headquarters as the coronavirus pandemic continues.

Jose Minaya
Nuveen
President, Chief Investment Officer
Management at New York City-based TIAA, parent of Nuveen, is asking their Gotham employees to work from home for now, BusinessInsider and Citywire report. They informed employees via memo on Monday.

TIAA's Manhattan move is in response to a one of their employees testing positive for the virus. That employee reportedly worked out of a WeWork location at 575 Lexington, a location that is expected to reopen today after cleaning. (A New York City-based employee at another asset manager, has also tested positive and is working from home, as previously reported.)

Meanwhile, management at Allianz's Pimco has moved some of their PMs to an offsite "business continuity site" away from the fixed income fund firm's Newport Beach headquarters, Bloomberg reports. They're also allowing employees to work remotely and limiting international travel.

"This is a proactive, precautionary step and not a reaction to a coronavirus-related exposure," a Pimco memo reportedly reads. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use