NOMURA News Release

Nomura Hires Michael Kurtz as Chief Asia Equity Strategist

Hong Kong, October 28, 2011 – Nomura, the global investment bank, has appointed Michael Kurtz as Chief Asia Equity Strategist, based in Hong Kong. He joins as a Managing Director and will work closely with the firm's economists, country strategists and sector heads to publish regional Asia equity strategy as well as Nomura's Conviction List reports.

"We're excited to welcome Michael to the team and I am confident that his insight will contribute significantly to Nomura's leading equity research platform and product," said Mr Stewart Callaghan, Head of Equity Research, Asia ex-Japan.

"With over 15 years experience in the industry, and ten of those years working on equity strategy in Asia, he is well placed to provide clients with key strategy ideas and direction for their investment portfolios."

He will lead Nomura's No.3 ranked Equity Strategy team in Institutional Investor's 2011 All-Asia Research Team survey.

Michael was previously Macquarie Securities' Asian regional equity strategist. Prior to this, he was the head of Asian equity research, and Asian equity strategist and economist at Bear Stearns. Michael also worked at IDEAglobal in New York as an Asian FX strategist and at Polyconomics as an emerging markets analyst. He graduated from George Washington University with a MA in International Relations and a MBA in International Business/Finance.

Nomura currently has the most extensive Asia-Pacific research coverage, covering over 1,250 stocks across the region.


For further information please contact:

Name Company Telephone
Vanessa Wall Nomura–Hong Kong +852 2536 1022
Jonathan Williams Nomura–Singapore +65 6433 6336


Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs over 27,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, asset management, and wholesale (global markets and investment banking). For further information about Nomura, please visit