'A blow to the LSE': Industry raises concerns about Schroders takeover

'May be grumbles from shareholders'

Beth Brearley
clock • 3 min read

US investment firm Nuveen's £9.9bn bid for Schroders has raised concerns about the shrinking pool of listed assets causing problems for investors.

The "mega takeover" of one of the biggest UK-quoted asset managers will see the combined group manage $2.5trn of assets upon completion in Q4 2026, subject to regulatory approval. The Schroders bid is the second tender for a FTSE firm this year after Swiss insurer Zurich made a £7.7bn offer for British insurance conglomerate Beazley on 22 January. Wealth Club chief investment strategist Susannah Streeter said: "With yet another big name turning private, it will be a blow to the London Stock Exchange.  "With global whales swallowing big fish in the UK pond, it limits the availabilit...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Proposed group action against SJP secures funding

Proposed group action against SJP secures funding

Claim is open to former appointed representatives

Sophia Panayi
clock 27 October 2026 • 2 min read
FSCS opens claims against DFM as it enters administration

FSCS opens claims against DFM as it enters administration

Bullseye Financial has ceased trading

Isabel Baxter
clock 27 October 2026 • 2 min read
Blevins Franks partners with OneLife in adviser digital access push

Blevins Franks partners with OneLife in adviser digital access push

Cross-border clients can now access accounts at any time

Sophia Panayi
clock 27 October 2026 • 2 min read