Nomura
PEOPLE MOVES: Schroders, Zurich, Utmost Wealth
Bruno Schroder’s daughter joins the board and CIOs resign from Swiss insurer
Nomura to buy stake in Julius Baer’s Japan unit
The deal will help the Swiss firm access more local high net worth clients
Asian investment bank gains Ucits licence
A Luxembourg subsidiary of Asia-headquartered Nomura Bank has been granted a licence to operate as a Ucits management company.
Nomura launches Global High Conviction Fund
Nomura Asset Management UK has launched a Global High Conviction Fund, an unconstrained global equity portfolio.
Nomura Int’l fined after breaching Hong Kong regulations
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.