Nuveen has completed its acquisition of Schroders, establishing one of the world’s leading active public-to-private asset and wealth managers. The combination joins together two renowned institutions with responsibility for a combined $2.6 trillion in assets under management across institutional and wealth channels.
Operating in more than 40 markets, the combined firm has a significant presence in the United States, the United Kingdom, Europe and Asia Pacific. It will continue to grow and innovate through further investment in capabilities, people and client propositions, and with the continued support of TIAA, a shareholder that invests alongside clients and has supported the long-term priorities of Nuveen across market cycles.
“Our landmark combination gives us a once-in-a-lifetime opportunity to reshape our industry and to deliver a proposition to clients that hasn’t previously existed,” said William Huffman, CEO of Nuveen. “Together, we will create a plat
