Northwestern Mutual to Invest $5M in Local Financial Institutions
May 17, 2022 by Allison Bell
Northwestern Mutual is trying to add some real diversification to its investment portfolio — by investing in its own neighbors.
The Milwaukee-based mutual life insurer is allocating $5 million of its assets to two Milwaukee-based community development financial institutions: Legacy Redevelopment Corp. and Northwest Side Community Development Corp.
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Originally Posted at ThinkAdvisor on May 11, 2022 by Allison Bell.
Categories: Industry Articles