Nomura's Assets Under Management Top 30 Trillion Yen
Tokyo, July 10, 2007 – Nomura Holdings, Inc. today announced that assets under management in its Asset Management Division exceeded 30 trillion yen1 as of the end of June 2007. This marks the first time in the history of Japan's asset management business that a firm's assets under management have topped 30 trillion yen.
"Our growth comes on the back of an expansion in the overall market driven by rising demand in the domestic investment trust market, a more stable pension market in Japan, and the increasing needs of foreign institutional investors," said Takumi Shibata, CEO of Asset Management at Nomura.
"Thirty trillion yen in assets under management is just another achievement on the road to further growth. We are committed to investing aggressively to further boost our asset management capabilities, increase our product development expertise, and enhance client services in order to remain a trusted partner for our customers. We will also step up investment in our growing international operations as part of our drive to become a global player in the asset management business."
Nomura's Asset Management Division is one of five business divisions operated by Nomura Group. The Asset Management Division includes Nomura Asset Management Co., Ltd., Nomura Corporate Research and Asset Management Inc., Nomura Funds Research And Technologies Co., Ltd., MAINTRUST, and Nomura Funds Research and Technologies America, Inc. In addition to the asset management business, Asset Management is involved in the defined contribution pension business, and offers custody services for foreign investment trusts.
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Nomura Group
Nomura is a global financial services group dedicated to providing a broad range of financial services for individual, institutional, corporate and government clients. The Group offers a diverse line of competitive products and value-added financial and advisory solutions through its global headquarters in Tokyo, over 150 branches in Japan, and an international network in 30 countries; with regional headquarters in Hong Kong, London, and New York. The Group's business activities include investment consultation and brokerage services for retail investors in Japan, and, on a global basis, brokerage services, securities underwriting, investment banking advisory services, merchant banking, and asset management. For further information about Nomura please visit our website at www.nomura.com.
*1
Total of Nomura Asset Management Co., Ltd., Nomura Corporate Research and Asset Management Inc., Nomura Funds Research And Technologies Co., Ltd., MAINTRUST, and Nomura Funds Research and Technologies America, Inc. (adjusted for asset overlap amongst group companies)
