By Itsuki Okuda / Yomiuri Shimbun Staff Writer

Nomura Holdings Inc. announced that it completed its acquisition of three companies, including a U.S. asset management firm, from major Australian financial group Macquarie Group Ltd. The move accelerates the firm's overseas expansion in investment management, which it views as a growth area.

Nomura acquired all shares of the three companies for about 1.8 billion dollars. It said that the acquisition represents the largest overseas deal in the company's history.

The combined assets under management (AUM) of the three companies, entrusted to them by investors and others, total about 166 billion dollars. Following the acquisition, 35% of the AUM in Nomura's Investment Management Division is expected to come from overseas, up from 16% at the end of 2024. About 60% of revenue from the investment management business is also projected to come from overseas, up from about 30% at the end of 2024.

With the acquisition, Nomura will establish a new organization primarily based in New York and Philadelphia to smooth integration. Business will be conducted under the "Nomura Asset Management" brand, including for the three companies that were formerly owned by Macquarie.

"The successful close of this transaction marks a significant step toward our 2030 Management Vision, boosting our assets under management and diversifying and strengthening our platform," said Kentaro Okuda, Nomura Holding's president and group CEO, in a statement.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

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December 03, 2025 07:31 ET (12:31 GMT)

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