Fund manager’s decision ends two-centuries-long association with the Square Mile
Fund manager’s decision ends two-centuries-long association with the Square Mile
Copy link
Schroders is the defining deal of a glass half-empty UK
The decision to sell Schroders is wrenching but inevitable
Schroders is part of the City’s émigré alchemy
Schroders agrees £9.9bn takeover by US investment manager Nuveen
Schroders boss told Treasury £9.9bn sale was ‘good deal’ for UK
What is Nuveen and why is it buying Schroders?
McKinsey hands over control of controversial in-house asset manager
The sale of the UK’s largest independent asset manager comes after the death of a patriarch and the rise of giant US funds
Asset manager is ending its listed life with a whimper rather than a bang
History might be repeating itself after the sale of investment banks to bigger US rivals
The loss of one of the Square Mile's bastions of banking marks the start of a new era for the City.
Two centuries of family ownership of the British financial institution will end
Along with SG Warburg, the asset manager played a pivotal role in London’s financial growth
