Nuveen Investments is mulling a return to the exchange traded funds landscape after scrapping its ETF effort in 2002.

A filing with the Securities and Exchange Commission from last week details Nuveen’s possible effort to return to the ETF space, a business that has boomed to over $2 trillion in assets under management.

“But unlike some of its peers that are joining the stampede for the first time, Nuveen was an early pioneer of the structure. It first asked for permission to offer index-based ETFs in 2000, at the time developing proposals for what could have been the very first bond ETFs,” reports Trevor Hunnicutt for InvestmentNews.

Last week’s SEC filing isn’t the first sign Nuveen has been considering returning to ETFs. In December, the company said its Nuveen Commodities Asset Management unit plans to convert two of its commodities mutual funds into exchange traded funds.

Nuveen Commodities Asset Management is looking to convert the Nuveen Diversified Commodity Fund (NYSE: CFD) and the Nuveen Long/Short Commodity Total Return Fund (NYSE: CTF) into open-end ETFs, according to a statement issued by Nuveen.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.