Nuveen Completes Schroders Acquisition
U.S. asset manager Nuveen has completed its acquisition of British fund manager Schroders. The deal creates a combined firm with over 2.6 trillion dollars in assets under management across more than 40 markets.
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United States asset manager Nuveen completed its acquisition of British fund manager Schroders PLC, creating a combined group with over $2.6T in assets under management on Thursday morning. The transaction establishes a global footprint spanning more than 40 markets. The newly expanded firm ranks among the world's largest independent asset managers.
