Schroders agrees £9.9bn takeover by US investor, ending 200 years of family ownership

The Guardian - World NewsEN 2 min read 100% complete by Alex DanielFebruary 12, 2026 at 10:39 AM

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Schroders, the British asset management group, has agreed to a £9.9 billion takeover by US investor Nuveen, ending 200 years of family ownership. The deal, expected to create one of the world's largest fund managers with $2.5 trillion in assets, will see Schroders retain its branding and London headquarters. The Schroder family, holding a 44% stake, will receive £4.4 billion from the sale. Schroders has been looking to cut costs after a share price plunge, facing pressure from US rivals. The takeover, valuing shares at 612p each, requires shareholder approval and is expected to close soon.

Key Entities & Roles

Key Player Opposition Context

Lloyds Banking Group 30% BlackRock 40% Vanguard 40% United States ×250% Johann Schröder 50% London ×260% Leonie Schroder 60% Richard Oldfield ×270% Nuveen ×280% Schroders ×6100%

Keywords

schroders 100% takeover 100% asset management 80% nuveen 80% family ownership 70% investment company 60% cost-cutting 50% share price 50% financial advice 40%