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Nomura Asset Management U.S.A.
Nomura Asset Management U.S.A. is the American arm of Nomura Holdings, running Japanese equity and Asian fixed-income mandates for US institutions.
Nomura Asset Management U.S.A.
Nomura Asset Management U.S.A. was established as the registered investment advisor for the Nomura group's American fund business. It sits inside a global network that traces back to 1925 in Osaka, Japan, though its specific New York incorporation date is not a matter of public filing prominence. The firm functions as a sub-advisor and direct manager for US pensions, foundations, and corporate treasuries seeking exposure to Japanese equities, Asian fixed income, and global macro strategies. The firm's product shelf centers on high-conviction Japanese equity portfolios, emerging-market debt, and global investment-grade credit. It draws on Nomura Securities' Tokyo-based analysts for company-level research, giving its PMs direct line to management meetings and supply-chain checks that external managers cannot access. Known mandates include Japanese large-cap value and Asian high-yield bond allocations, with distribution focused in North America and Europe. The manager also operates a growing ETF platform through the broader Nomura group, targeting thematic exposures in Japan and climate-transition equities. The US office reports into Nomura Asset Management Co., Ltd. in Tokyo, which collectively oversees assets for client segments spanning central banks, sovereign wealth funds, and corporate pensions. Team size and executives for the US entity are not broken out in public disclosures; leadership roles are typically held by senior Tokyo-based professionals with postings in New York. In September 2023, Nomura Holdings announced a reorganization of its global markets and investment management divisions, integrating digital-asset capabilities with traditional asset management under a unified client-facing structure. Structurally, Nomura Asset Management U.S.A. remains unusual among foreign-owned US managers: it is a wholly captive distributor for a single sell-side research house yet operates at arm's length with independent fiduciary obligations. This hybrid — neither pure manufacturer nor pure distributor — lets the firm offer institutional allocators direct access to Japanese primary issuance and secondary market color, a sourcing advantage that multi-manager platforms typically lack.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Frequently asked questions
Who runs investment decisions at Nomura Asset Management U.S.A.?
Portfolio management and investment decisions rest with dedicated portfolio managers based in New York and Tokyo. The firm operates under the chief investment officer structure of its parent, Nomura Asset Management Co., Ltd., which sets house views on macro and sector allocation. Individual strategies, particularly Japanese equities, are run by sector-specialist PMs with direct access to Nomura Securities' Tokyo-based research analysts.
How does the firm source its Japanese equity research?
The firm sources research primarily through the Nomura Securities platform in Tokyo, which employs over a hundred equity and credit analysts covering Japanese corporates. This embedded relationship provides PMs with real-time management access and supply-chain intelligence. The advantage is structural: unlike third-party US managers licensing Japanese research, Nomura AM can schedule corporate meetings and due-diligence visits through its parent's institutional broking franchise.
Does Nomura Asset Management U.S.A. run commingled funds or only separate accounts?
The manager runs both US-registered commingled vehicles and separately managed accounts for large institutional clients. Its mutual fund range includes Japanese equity, Asian fixed-income, and global asset-allocation strategies. Custom mandates are also available for pensions and endowments seeking tailored benchmarks and hedging overlays.
How is Nomura Asset Management U.S.A. related to the broader Nomura organization?
It is a wholly owned subsidiary of Nomura Holdings, Inc., the publicly traded Japanese financial conglomerate. The US entity functions as the registered investment advisor for Nomura's American client base, while portfolio management is integrated with Nomura Asset Management Co., Ltd. in Tokyo. Governance is separated by local fiduciary regulation: the US entity has its own board and chief compliance officer, independent of the parent's broker-dealer.
Which investment strategies does Nomura Asset Management U.S.A. primarily offer?
Core strategies include Japanese large-cap equity, Japanese small-mid cap equity, Asian high-yield and investment-grade credit, emerging-market debt, and global multi-asset solutions. The firm also supports thematic ETFs, particularly in climate transition and technology, through the group's listed products division.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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