Nuveen Preps Global Tactical Fund

Nuveen Investments is currently prepping the Nuveen Global Tactical Opportunities Plus Fund to launch within the next few months, according to a regulatory filing.

The fund will look to outperform the Merrill Lynch 3 Month Treasury Bill Index by 750 basis points gross fees and expenses by making bets on the U.S., international and emerging market equity, fixed income, commodities and currencies markets. It will be managed by a team consisting of David Cline, vice president; Walter French, senior vice president; David Friar, assistant vice president; Keith Hembre, managing director; and Derek Bloom, vice president.

The fund’s fees were not disclosed in the filing.

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