Nomura gains foothold in US asset management with Macquarie deal

Japanese financial group aims to diversify beyond volatile brokerage operations

20250422N Nomura Macquarie

Nomura Holdings and Macquarie Group plan to bolster their partnership following the deal. (Source photos by Nikkei, Reuters)

SHIKO UEDA

TOKYO -- Nomura Holdings is making a play for the American asset management market through the acquisition of several Macquarie Group units, with an eye on reaching $1 trillion in assets under management in 2030.

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