Nuveen Completes Acquisition of Schroders
PR Newswire•01/10/2026•05:00 ET
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Key Highlights
- ➤Nuveen completes acquisition of Schroders (TLBDX)
- ➤Combined firm reports $2.6 trillion in assets under management
- ➤Combined private markets platform totals $400 billion
- ➤Schroders will operate separately within Nuveen for 12–18 months
- ➤London becomes combined firm’s non-US headquarters and largest office
Expert Statements
William Huffman, CEO of Nuveen
“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”
Thasunda Brown Duckett, CEO of TIAA
“Completing this acquisition creates one of the largest active global asset managers in the world with the reach, talent and capabilities to compete and win in every major market.”
Richard Oldfield, Group Chief Executive, Schroders
“Today's milestone is an extraordinary moment for our clients and our business”
Creates one of the world's leading active public-to-private asset and wealth managers with $2.6 trillion in assets under management
NEW YORK, Oct. 1, 2026 /PRNewswire/ -- Nuveen today completed its acquisition of Schroders, bringing together two renowned institutions with highly complementary businesses.
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