Nomura Expands Global Reach with Acquisition of Macquarie’s Asset Management Business

Nomura Holdings ( (JP:8604) ) has provided an update.

Nomura Holdings has announced its acquisition of Macquarie’s U.S. and European public asset management business for $1.8 billion, significantly boosting its assets under management to approximately $770 billion. This strategic move is expected to enhance Nomura’s global investment management capabilities, particularly outside Japan, and strengthen its presence in the U.S. market, aligning with its growth and diversification ambitions.

More about Nomura Holdings

Nomura Holdings is a prominent player in the financial services industry, focusing primarily on investment banking, asset management, and securities. The company is known for its global reach and diverse product offerings, with a significant emphasis on expanding its asset management capabilities to enhance its market position.

YTD Price Performance: -4.07%

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Technical Sentiment Signal: Sell

Current Market Cap: $16.52B

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