Nomura Bets Big on US Market Rebound With $1.8 Billion Deal (1)

Nomura Holdings Inc. is telling clients to stay invested through the turmoil that’s pervaded financial markets during the escalating trade tensions. With its $1.8 billion acquisition of an asset management business, the Japanese brokerage is putting its money where its mouth is.

“We constantly tell our clients, stay invested through short-term volatility,” Investment Management Chairman Christopher Willcox said in an interview after the firm’s most significant deal since it bought Lehman Brothers assets in 2008. “So if we were not to display those behaviors ourselves, we would not be particularly credible.”

Christopher Willcox

Photographer: Shoko Takayasu/Bloomberg

Read more: Nomura’s Biggest Deal Since Lehman Forms ...