Can Japans biggest asset management company run global mandates for global clients?
Nomura Asset Management is the big fish in a medium-sized pond. With around $200 billion of assets under management, it is the biggest fund house in the country. As Japan emerges from its lost decade, domestic capital markets recover and financial services companies look to grow their businesses, Nomura AM is keen to be more than just a provider of Japanese securities investments for foreigners, or a provider of international product to Japanese clients. The big fish wants to swim in the big pond. To that end it is opening more offices globally, particularly in Asia and the Middle …
