Nomura Sends Bankers to New York, London in Asset Manager Push

Nomura Asset Management Co. plans to relocate dozens of staff from its Tokyo headquarters to offices in cities such as London and New York to develop its homegrown talent for investment and sales operations.

More staff with overseas business experience will boost Nomura’s stance as a global competitor in asset management, President Hiroyasu Koike said in an interview.

“Unless we enhance our global investment capabilities, we will lose our reason for being,” he said, adding that he’s still considering specific locations for the staff. “We want to proactively send trainees and transfer staff to greatly strengthen the development of global ...