It was all there apart from one tiny detail. Announcing the takeover of Schroders Plc, US insurer Nuveen was silent on Cazenove Capital, the wealth-management business that’s arguably the UK fund manager’s star asset. Cazenove is a resonant name in the City of London. Not mentioning it seemed awfully bad manners — especially when the Americans were falling over themselves to big up the Schroders brand.
It was all there apart from one tiny detail. Announcing the takeover of Schroders Plc, US insurer Nuveen was silent on Cazenove Capital, the wealth-management business that’s arguably the UK fund manager’s star asset. Cazenove is a resonant name in t… [591 chars]
Source: Bloomberg | Published: 2026-02-17T08:00:15Z
Credit: Bloomberg
