Nuveen agrees to acquire Schroders in $13.5 billion deal
U.S. asset manager Nuveen is set to acquire British firm Schroders for $13.5 billion. The deal creates a group with nearly $2.5 trillion in combined assets.
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US asset manager Nuveen has reached an agreement to acquire the British 
GB investment firm Schroders plc for 9.9 billion pounds ($13.5 billion), according to an announcement made on February 12, 2026. This transaction will create a combined financial group with nearly $2.5 trillion in assets under management. The deal marks a significant expansion for Nuveen as it integrates the operations of the long-standing firm.
US asset manager Nuveen has reached an agreement to acquire the British GB investment firm Schroders plc for 9.9 billion pounds ($13.5 billion), according to an announcement made on February 12, 2026. This transaction will create a combined financial group with nearly $2.5 trillion in assets under management. The deal marks a significant expansion for Nuveen as it integrates the operations of the long-standing firm.
