




Nomura is set to acquire Macquarie’s US and European public asset management business for $1.8bn.
Through the move, Nomura will gain $180bn in retail and institutional client assets across equities, fixed income and multi-asset strategies.
Nomura’s investment management franchise’s total assets under management are expected to increase to approximately $770bn upon completion of the deal, with more than 35% being managed on behalf of clients outside of Japan.
Kentaro Okuda, Nomura president and group chief executive said: “This acquisition will align with our 2030 global growth and diversification ambitions to invest in stable, high margin businesses.
“It will be transformational for our investment management division’s presence outside of Japan, adding significant scale in the US, strengthening our platform, and providing opportunities to build our public and private capabilities.”