Nuveen completes $13.1B Schroders acquisition, CEO Huffman pledges 'listen and learn' integration approach
Nuveen has finalized its $13.1 billion purchase of the 222-year-old British asset manager Schroders, a deal that puts Nuveen among the world's top 10 asset managers with $2.6 trillion under management. CEO Bill Huffman, who has overseen more than 10 prior acquisitions, says his post-merger priority is listening and learning rather than imposing Nuveen's practices on the combined firm.