NUVEEN MANAGED ACCOUNTS PORTFOLIOS TRUST RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT

Exhibit 23.d.2

NUVEEN MANAGED ACCOUNTS PORTFOLIOS TRUST

RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT

This Agreement made this 31st day of July 2008 by and between Nuveen Managed Accounts Portfolios Trust, a Massachusetts business trust (the “Fund”), and Nuveen Asset Management, a Delaware corporation (the “Adviser”);

WHEREAS, the parties hereto are the contracting parties under that certain Management Agreement (the “Agreement”) pursuant to which the Adviser furnishes investment advisory and management services and certain other services to the Fund; and

WHEREAS, the Agreement terminates August 1, 2008 unless continued in the manner required by the Investment Company Act of 1940; and

WHEREAS, the Board of Trustees, at a meeting called for the purpose of reviewing the Agreement, have approved the Agreement and its continuance until August 1, 2009 in the manner required by the Investment Company Act of 1940.

NOW THEREFORE, in consideration of the mutual covenants contained in the Agreement, the parties hereto do hereby approve the continuance of the Agreement in effect until August 1, 2008 and do ratify and confirm the Agreement in all respects.

NUVEEN MANAGED ACCOUNTS PORTFOLIOS TRUST
By:		/s/    Xxxxx X. XxXxxxxx
		Vice President

ATTEST:

/s/    Xxxxxxxx X’Xxxx

Assistant Secretary

NUVEEN ASSET MANAGEMENT
By:		/s/    Xxxxxxx X. Xxxxxxxxx
		Managing Director

ATTEST:

/s/    Xxxxx Xxxxxxxxxx

Assistant Secretary