(Bloomberg) -- Nuveen is buying Schroders Plc in a £9.9 billion ($13.5 billion) deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets. The move ends more ...

(Bloomberg) -- Nuveen is buying Schroders Plc in a £9.9 billion ($13.5 billion) deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets. The move ends more ...

The takeover signals the end of the Schroders family's control over the 220-year-old business — with the billionaire British-German banking dynasty having held a 44% stake — and comes amid a sharp ...

US asset manager Nuveen has agreed to acquire London-based Schroders in a cash transaction valuing the FTSE-listed group at up to £9.9 billion (about $13.5 billion), in one of the largest cross‑border ...

Britain's Schroders is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion), in one of Europe's largest ever fund manager deals that spells the end of independence for ...

It’s another blockbuster acquisition in the asset management industry. Nuveen said Thursday that it has agreed to buy Schroders, a London-based asset manager founded more than two centuries ago, in an ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The deal will create one of the ...

A venerable City of London institution is being snapped up by a U.S. asset manager in a nearly $14 billion deal that comes amid growing fears that AI will severely disrupt the finance sector.

Nuveen’s £10B purchase of fellow asset manager Schroders is pushing the investment giant into the top five real estate managers globally by assets under management. Nuveen has $142B in real estate AUM ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Nuveen is buying Schroders Plc in a $13.5 billion deal, ...