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.

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.

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.

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.

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.