Nomura Asset Management Expands International Trainee Program to Build Global Talent

Nomura Asset Management is expanding its international trainee program as it plans to relocate dozens of staff from its Tokyo headquarters to overseas hubs, including London and New York, to strengthen investment and sales capabilities and deepen its pool of globally trained professionals.

The initiative comes as Japan’s regulator has flagged competitiveness gaps among domestic asset managers, even as reforms to tax-free NISA accounts draw more households into investing.

Nomura Asset Management currently has about 30 employees stationed overseas and expects to raise that number significantly.

Potential overseas assignments are also linked to parent Nomura’s recently acquired public asset management businesses from Macquarie Group in the United States and Europe.

Nomura Asset Management oversees about JPY99.7tr(USD830bn), a fraction of the world’s largest asset managers.