U.S. News

Nuveen hires Bob Doll as chief equity strategist


Nuveen Investments said Monday that it has hired former BlackRock strategist Bob Doll to work at its asset management affiliate.

Doll is the former chief equity strategist for fundamental equities at BlackRock, which is the world's biggest money manager. He also has worked in the past as a top investment leader at Merill Lynch Investment Managers and Oppenheimer Funds Inc.

Nuveen said that Doll will serve as chief equity strategist and senior portfolio manager effective immediately. The Chicago-based company said Doll is a respected authority on investing and author of widely-followed market commentaries and considers Doll a key addition to its team.

"Today, uncertainty remains the reality across the markets, yet opportunities continue to emerge - and investors and their advisors need to seize them," Doll said in a statement.

Nuveen Asset Management has more than $117 billion in assets under management.