Nomura Makes Strategic Moves for U.S. Expansion Amid Unstable Economy

Published 1 days agoNMR

Nomura Makes Strategic Moves for U.S. Expansion Amid Unstable Economy

Nomura Holdings Inc. is actively reinforcing its presence in the U.S. market amidst global economic uncertainties. Highlighted by Financial Times, the company has agreed to acquire Macquarie Group's U.S. and European asset management operations for $1.8 billion in cash. This purchase is set to add around $180 billion to Nomura's assets under management, raising its total to $770 billion, and is expected to conclude by the end of 2025.

In addition to its recent acquisition, Nomura is setting its sights on a significant boost in its U.S. credit portfolio. Reuters reports that the company intends to expand this portfolio to $50 billion over the next 5 to 10 years. The strategic expansion is part of a broader effort to diversify revenue sources and reduce reliance on volatile trading environments, which may include engaging in small acquisitions to enhance its private credit segment.

These movements are complemented by Nomura's target of achieving a 20% rise in revenue from its global markets division, focusing on serving hedge funds and expanding in macro, credit, and equities sectors. This ambition is supported by notable financial results, with Nomura reporting a 72% increase in group pretax income for the fiscal year ending March 2025. The wholesale division recorded its most profitable performance in 15 years, driven by strong equity trading and cross-border M&A activities.

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