Much of the attention on Nuveen’s £10 billion ($14 billion) purchase of the British finance house Schroders Plc has focused on what it means for the City of London. Just as interesting is why a not-for-profit American fund manager has bought an overseas business when its domestic economic and investment outlook has rarely been rosier.
Much of the attention on Nuveen’s £10 billion ($14 billion) purchase of the British finance house Schroders Plc has focused on what it means for the City of London. Just as interesting is why a not-for-profit American fund manager has bought an overs… [519 chars]
Source: Bloomberg | Published: 2026-02-19T05:00:09Z
Credit: Bloomberg
