Nuveen Completes Acquisition of Schroders (Public-to-Private Asset and Wealth Platform)

Nuveen completed its acquisition of Schroders, bringing together complementary businesses to form a global active public-to-private asset and wealth manager with about $2.6 trillion in AUM. The firms plan to keep Schroders operating separately for 12–18 months while integration planning progresses and will build toward a unified investment platform.