Workflow
Distributed Technology
icon
Search documents
Nuveen to Buy UK's Schroders for $13.5 Billion, Creating Giant Asset Manager
Youtube· 2026-02-12 08:48
ASSET ACTIVE MANAGERS IN THE WORLD. $2.45% TRILLION. JOINING US IS SCHRODER'S CEO.WHY ARE YOU SELLING. TWO ANNOUNCEMENTS THIS MORNING. THE FIRST WAS OUR RESULTS.IT IS IMPORTANT AS CONTEXT TO THE DEAL, OUR OPERATING PROFIT WAS UP 25%. EPS UP 39%. THIS IS A GREAT BUSINESS IN A REALLY STRONG FOUNDATION.BUT WHAT WE ARE DOING HERE IS CREATING THIS POWERHOUSE OF ASSETS AND WEALTH ACTIVE MANAGEMENT. IT IS GOING TO HAVE AN UNPARALLELED BREADTH OF PUBLIC TO PRIVATE CAPABILITIES. 2.45% FRILLON GIVES US THE FIREPOWER ...