Nuveen Acquires Schroders in Cash Acquisition

Nuveen Acquires Schroders in Cash Acquisition | ETF TrendsThe asset management landscape saw a shakeup this week as Nuveen Asset Management agreed to an approximately £9.9 billion deal to acquire Schroders. Nuveen, which is responsible for $1.4 trillion in assets under management (AUM), will create a massive shop with £2.5 trillion in AUM, [per a press release.]See more: [How Active Investing Can Unlock the Next Phase of the AI Investing Revolution]The move brings some notable ETFs into the same family. Per ...