On February 12, 2026, Nuveen announced that it will acquire Schroders.
Nuveen announced, on February 12, 2026, that it will acquire Schroders. Under the terms of the transaction, Nuveen will acquire Schroders for $13.5 billion, with the founding family selling their 41% stake in Schroders and CEO Richard Oldfield continuing to lead Schroders after the deal closes. Further terms of the deal were not disclosed.
Nuveen, based in Chicago, is a global asset manager providing investment solutions to individuals and institutional investors. As of June 2025, Nuveen had approximately $1.4 trillion in assets under management.
Schroders, based in London, is a global asset manager offering investment management services to clients across public and private markets, with a focus on future-proofing client portfolios and achievement of clients’ long-term goals. As of December 2025, Schroders had approximately $1.1 trillion in assets under management.
To read the press release: please click here.