TOKYO -- Nomura Holdings is pivoting away from the traditional brokerage business in favor of private assets, putting them at the center of a planned 40 trillion yen ($260 billion) increase in assets under management over the next several years.
Finance
Nomura Holdings embraces private assets to beat bubble-era profits
Japan brokerage seeks to grow assets under management by $260bn
Nomura Holdings President Kentaro Okuda has emphasized a shift from public to private assets since his tenure began. (Photo by Jun Takai)
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