The move aims to establish a global investment business with expanded capabilities across public and private markets.

Nuveen, a New York-based global investment firm, has completed its acquisition of Schroders, a London-headquartered multinational asset management firm, combining two global investment managers with highly complementary businesses.   The combined firm will now operate in over 40 countries with a significant presence in the US, UK, Europe and Asia Pacific The combined firm now claims to be ‘the only manager with top ten positions globally in active equities, active fixed income and