FA Magazine March 2023 | Page 20


Nuveen Now Offering Access To U . S . Middle Market Private Capital Investments

Nuveen , the Chicago-based investment manager of New York City-based TIAA , and Churchill Asset Management , an investment-specialist affiliate of Nuveen headquartered in New York City , are now providing qualified individual investors with access to private capital investments across the U . S . middle market , investments that have typically been available only to institutional investors .
The Nuveen Churchill Private Capital Income Fund ( PCAP ) is a perpetual life , non-traded investment vehicle that offers exposure to a diversified portfolio anchored in middle-market senior loans and junior capital — an asset class well-positioned in an inflationary and rising rate environment , according to Nuveen — while seeking to provide attractive upside through private equity co-investments .
The fund provides investors with upside potential and exposure to a hard-to-tap asset class . It also gives them access to other advantages that include monthly subscriptions , quarterly repurchases , relatively low minimums and simplified 1099 tax reporting .
Kwanti Releases Feature To ID Best-Performing Assets
Kwanti , the San Francisco-based portfolio analytics solution for financial advisors and investment managers , now includes a screener feature to find the best-performing investment opportunities for clients .
With just a few clicks , advisors can view a filtered list of the best-performing exchange-traded funds , mutual funds , separately managed accounts , and individual stocks via Kwanti ’ s intuitive , user-friendly interface , which includes hundreds of thousands of securities and their data points .
The new screening feature lets advisors showcase their portfolio recommendations to clients and prospects , as well as integrate data with custodians and portfolio management platforms ( the integration partners include Pershing , Schwab , TD Ameritrade Institutional , Fidelity , Advyzon , Orion , Redtail , Black Diamond , WisdomTree , Black- Rock , State Street , Riskalyze , TradePMR , Addepar , and Folio Institutional ).
A “ saved searches ” option will remember all of the pre-selected criteria , column selections , and sorting preferences , and the filtered results can be exported to an Excel spreadsheet . To sign up for a free 30-day trial , go to app . kwanti . com / trial .
Equitable Expands Portfolio In Variable Universal Life Market
Equitable , a New York City-based financial services company , has unveiled an enhanced version of its Market Stabilizer Option for its single life variable universal life products . Such options offer a rate of return linked to the performance of an index .
The new offering , the Market Stabilizer Option II ( MSO II ), offers five buffered indexed options : the “ Standard ” option has a negative 10 % protection buffer and offers the highest growth cap rate of the five MSO II options . There is also a Standard option with a negative 15 % protection buffer , which provides a balance of upside potential and downside protection , and a Standard option with a negative 20 % protection buffer , which provides the largest downside protection of the five options . The “ Step Up ” option has a negative 10 % protection buffer , offering potential for a higher return than the index with a return that “ steps up ” to a cap when the market is either flat or up . And the “ Dual Direction ” option has a negative 10 % protection buffer , which provides the possibility of a positive return when the index is down .
Policyowners have more than 80 investments options to select from based on their investment style .
MSO II is available on all single life variable universal life ( VUL ) products issued by Equitable Financial Life Insurance Company and Equitable Financial Life Insurance Company of America .
Timothy Plan Adds ETF To Investment Offerings
Timothy Partners Ltd ., the Orlando , Fla . - based advisor to the Timothy Plan family of mutual funds and exchange-traded funds , has added a seventh ETF for its lineup of funds investing according to biblical principles .
The Timothy Plan Market Neutral ETF ( TPMN ) seeks to limit exposure to stock market risk through a proprietary “ market neutral ” investment strategy that generates high current income with low correlation to the foreign and domestic equity and bond markets .
Timothy Plan ’ s ETFs do not invest in companies involved with alcohol production , tobacco , gambling equipment , gambling enterprises , companies directly or indirectly involved in abortion or pornography , or companies promoting anti-family entertainment or non-biblical lifestyles .
The market neutral fund ’ s sub-advisor is Victory Capital Management Inc .
Commonwealth And Booth School Of Business Partner To Offer CPWA Certification
Commonwealth Financial Network has partnered with the Investments & Wealth Institute and the University of Chicago ’ s Booth School of Business to offer Commonwealth ’ s affiliated advisors the Certified Private Wealth Advisor certification .
The program , offered with the partnership of the Chicago Booth ’ s executive education program , equips advisors with the tools and strategies to strengthen their expertise and support more high-net-worth clients and help them with their complex needs .
The program includes an in-person , weeklong course taught by faculty and industry experts at Chicago Booth . Commonwealth will continue supporting credentialed advisors with a one-year business development extension and ongoing education and coaching .