Schroders agrees £9.9bn takeover by US investor, ending 200 years of family ownership
British asset management group’s deal with Nuveen will create one of world’s biggest fund managersSchroders has agreed a £9.9bn takeover by a US investor, ending two centuries of family ownership of the historic British asset management group.Chicago-based Nuveen will buy the City firm, it...
<p>British asset management group’s deal with Nuveen will create one of world’s biggest fund managers</p><p>Schroders has agreed a £9.9bn takeover by a US investor, ending two centuries of family ownership of the historic British asset management group.</p><p>Chicago-based Nuveen will buy the City firm, it said on Thursday, in a deal that will create one of the world’s biggest fund managers, controlling about $2.5tn (£1.8tn) of assets.</p> <a href="https://www.theguardian.com/business/2026/feb/12/schroders-takeover-us-investor-end-200-years-family-ownership-asset-management">Continue reading...</a>
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