CHICAGO--(BUSINESS WIRE)--Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Board of Trustees of the Nuveen Global Equity Income Fund (NYSE: JGV) has approved implementation by the fund of a currency hedging program effective January 1, 2016. Under the program, the fund will systematically hedge the currency risk from its investments in non-US dollar denominated foreign equity securities. The goal of the program is to enhance shareholder value by offering a global portfolio of attractive, dividend-paying stocks without the additional risk from currency exposure. The program is being implemented to differentiate the fund more clearly from peers, potentially reduce incremental volatility from currency exposure and allow the fund to implement its managed distribution policy more effectively.
More information on this can be found in the JGV Q&A Document.
Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $230 billion as of June 30, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.