Date: 22-apr-2025 | By: Nuztrend Team
Image By Lombroso - Own work, CC BY-SA 4.0, Link
In a landmark deal announced on April 22, 2025, Nomura Holdings has agreed to acquire Macquarie Group's U.S. and European public asset management businesses for $1.8 billion. This acquisition marks Nomura's most significant expansion since its 2008 purchase of Lehman Brothers' assets, aiming to strengthen its global investment management presence.
This acquisition is poised to elevate Nomura's Investment Management Division's AUM from $590 billion to approximately $770 billion, with over 35% managed on behalf of clients outside Japan. The move aligns with Nomura's 2030 global growth strategy, focusing on stable, high-margin businesses and expanding its footprint in the U.S. asset management market.
For Macquarie Group, the divestment allows a sharper focus on its core strengths in private markets and its Australian base. The company will retain its public investments business in Australia and continue to operate a full-service asset management platform across public and private markets.
Beyond the acquisition, Nomura and Macquarie have agreed to collaborate on product and distribution opportunities. This includes Nomura serving as a U.S. wealth distribution partner for Macquarie Asset Management and providing continued access for U.S. wealth clients to Macquarie's alternative investment capabilities.
No comments yet! Be the first one to comment.
Date: 22-Apr-2025
Indian stock markets opened flat on April 22, 2025, with Sensex and Nifty showing minimal changes amid mixed global cues and sectoral variations.
Date: 22-Apr-2025
Swiss pharmaceutical leader Roche announces a $50 billion investment in U.S. operations, focusing on manufacturing and research expansion across multiple states.