Schroders shareholders approve £9.9bn sale to Nuveen
Two centuries of family ownership of the British financial institution will end
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Schroders agrees £9.9bn takeover by US investment manager Nuveen
Deal would end independence of one of City of London’s most historic names
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Richard Oldfield says there is ‘no reason to think’ the business will be sold after deal with US fund manager Nuveen
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Richard Oldfield reassured government before sale of centuries-old institution to US investment firm
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The sale of the UK’s largest independent asset manager comes after the death of a patriarch and the rise of giant US funds