Nuveen acquires Schroders

Nuveen agreed to acquire Schroders. Reported deal value: $13.5B. Status: Announced. Sector: Asset Management. Target headquarters context: London, Greater London, United Kingdom.

This page summarizes publicly available information about the transaction as of 2026-02-12. Figures and status may change as filings and press coverage update.

MarketMinute February 12 , 2026 at 17:16 PM EST In a move that has sent shockwaves through the global financial markets, the American investment giant Nuveen , the asset management arm of TIAA, announced today, February 12 , 2026 , a definitive agreement to acquire the historic British asset manager Schroders PLC for $13.5 billion