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

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...