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Rating:Wanna Acquire a Fund? Call Nomura Now! Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, January 17, 2014

Wanna Acquire a Fund? Call Nomura Now!

Reported by Tommy Fernandez

Everybody likes a good stoop sale. The bargains. The socializing. The funny '70's leisure wear.

Nomura's ongoing pullout from the U.S. could translate into a stoop sale for the right savvy acquirer.

The Japanese asset manager reported via an SEC filing in October that it was planning to leave the U.S.

Now, the firm plans to liquidate at least three of its five funds, according to an SEC filing. The funds in question are the Asia Pacific Ex Japan Fund, the Global Emerging Markets Fund, and the Global Equity Income Fund.

However, what's interesting is that the filing says nothing about the fate of the two other funds Nomura markets: the Japan Fund and the High Yield Fund.

Reach out to the company. Make a pitch. Seize the day. 

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