(HedgeCo.Net) It’s a transaction that instantly becomes one of the most consequential combinations in modern asset management, Nuveen has agreed to acquire Schroders plc for about $13.5 billion in a recommended all-cash deal. The acquisition will create a global manager overseeing roughly $2.5 trillion in assets, pushing the combined firm into the top tier of traditional and alternative asset management—at a moment when scale, distribution, and product breadth are becoming existential advantages...
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