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.
www.bloomberg.com
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Is Cazenove No Longer a Finance Name to Be Proud Of?
