Nomura Holdings, Inc. announced that it has entered into a strategic collaboration with OpenAI Group PBC (“OpenAI”). As part of the collaboration, Nomura will adopt OpenAI Deep Research1 and use OpenAI’s strategic and technical support to develop and deploy new services, continuously improve these technologies, and explore new use cases. By combining Nomura’s proprietary in-house data with the latest external datasets and information, Nomura will deliver differentiated, high value-added investment advice, market analysis, and data solutions to clients.

Recent advances in generative AI have accelerated the extraction and practical application of insights from vast datasets. Nomura has accumulated high-value data and deep expertise across a broad range of businesses, including asset management. While maintaining the robust security and governance required of a financial institution, Nomura will combine these strengths with cuttingedge generative AI to boost productivity and design and implement solutions for the diverse challenges facing global capital markets and society.

Kentaro Okuda, President and Group CEO of Nomura Holdings, said: “Generative AI has the power to do more than boost efficiency. It can fundamentally transform financial services. Through our strategic collaboration with OpenAI, we will combine Nomura’s extensive data assets and deep expertise with state-of-the-art AI to deliver more advanced investment advice and market analysis. By doing so, we will provide clients with more accessible and secure services, while also creating new revenue opportunities beyond traditional business models.”

Tadao Nagasaki, President and CEO, OpenAI Japan GK “Generative AI is rapidly becoming a critical foundation for transforming industries and society. At OpenAI, our mission is to deliver safe, advanced AI technologies and help organizations unlock their value across a wide range of fields. This collaboration offers a significant opportunity to introduce cutting-edge AI and open up new possibilities from developing innovative services to strengthening operational capabilities. We look forward to working together to shape the future of financial services, powered by safe and beneficial AI.”

Guided by its Purpose—We aspire to create a better world by harnessing the power of financial markets—Nomura will continue to create new value through the fusion of people and technology.

Source: Nomura

Nomura Completes Acquisition of Macquarie’s U.S. & European Public Asset Management Business

Nomura has announced the successful completion of the acquisition of Macquarie’s U.S. and European public asset management business. The purchase price was US$1.8 billion1 and the deal closure brings approximately US$166 billion (as of October 31, 2025) in retail and institutional client assets across equities, fixed income and multi-asset strategies, under Nomura’s global Nomura Asset Management brand.

As disclosed in April 2025, Nomura will bring its private markets business, Nomura Capital Management (NCM), and its high yield business, Nomura Corporate Research and Asset Management (NCRAM), together with the acquired assets to form Nomura Asset Management International, part of Nomura Asset Management.

Kentaro Okuda, Nomura’s President and Group CEO, said: “The successful close of this transaction marks a significant step towards our 2030 Management Vision, boosting our assets under management and diversifying and strengthening our platform.”

Headquartered in New York and Philadelphia, Shawn Lytle will be CEO, Nomura Asset Management International, and Robert Stark, President and Deputy CEO, Nomura Asset Management International. Mr. Lytle was formerly Head of Americas for Macquarie Group, while Mr. Stark will continue in his current position as CEO, Nomura Capital Management. Mr. Lytle will report functionally to Yoshihiro Namura, Head of Nomura’s Investment Management Division, and to Satoshi Kawamura, CEO and President of Nomura Holding America Inc., from an entity perspective.

Chris Willcox, Chairman of Nomura’s Investment Management Division, and Head of Wholesale, said: “We’re delighted to have completed this acquisition ahead of schedule and to welcome on board our new colleagues from Macquarie Asset Management.”

Yoshihiro Namura, Head of Investment Management Division, said: “Our goal with this transaction is simple: build a global platform with excellent investment capabilities and performance that helps clients achieve what matters most to them. I believe the new management team, led by Shawn and Robert, are well placed to deliver on our ambitions.”

Shawn Lytle, CEO, Nomura Asset Management International, said: “The newly combined business has a strong foundation, with a well-diversified platform across all major asset classes and client segments. We now have an exciting opportunity to build on the combined strengths of the new business and to grow the franchise globally.”

In addition to completing the transaction, Macquarie and Nomura have formalized a strategic partnership for product distribution and co-development of investment strategies, as was initially announced in April 2025.

Under the agreement, Nomura will distribute select Macquarie private funds to U.S. high-net-worth and family office clients. The partnership also establishes collaboration on developing innovative investment solutions for clients in the U.S. and Japan.

We have also established a joint working group between Nomura and Macquarie, as part of this partnership, to explore additional potential opportunities to create value for clients through further collaboration between the two organizations.

Source: Nomura