Nuveen to Buy UK's Schroders for £10 Billion

Nuveen to Buy UK's Schroders for £10 Billion



Nuveen to Buy UK's Schroders for £10 Billion
Nuveen is buying Schroders in a £9.9 billion ($13.5 billion) deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets. Schroders Chief Executive Officer Richard Oldfield discusses the deal, which ends more than two centuries of independence for the UK firm. He speaks on Bloomberg Television. (Source: Bloomberg)


www.bloomberg.com
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