schroders

Nuveen-Schroders deal a sign of broader industry consolidation. But pension funds question if bigger is always better.

By Jesse Pound Source: Pensions & Investments The planned merger between Nuveen and Schroders will create a $2.5 trillion asset manager and could spur re-evaluations of mandates among institutional investors and their consultants, weighing potential benefits of scale against the risk of disrupted relationships and changing strategies. Read the full article

Retirement Industry People Moves

By DJ Shaw Source: Plan Sponsor Schroders Announces Strategic Changes to U.S. Distribution Team Global asset manager Schroders has announced new hires and leadership changes to the American distribution team. Tiffani Potesta will be taking on the role of head of U.S. distribution, overseeing strategy and implementation for distribution across regions. Potesta will continue serving in her current role as chief strategy officer, in which she oversees marketing, product and sustainability. Mike Swinney has joined Schroders as consultant relations director, [...]