Schroders chief vows to keep wealth manager Cazenove after £9.9bn takeover

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Why This Matters

Schroders' chief executive, Richard Oldfield, has reassured investors that Cazenove, a wealth manager acquired in a £9.9bn takeover, will not be sold after the deal with US fund manager Nuveen.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Richard Oldfield says there is ‘no reason to think’ the business will be sold after deal with US fund manager Nuveen

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Full article on Financial Times
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Original article published by Financial Times on February 23, 2026.
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