Nomura has announced that Nomura Institute of Capital Markets Research (NICMR) will enhance the Group’s financial and capital markets research capabilities in Asia with a special focus on ASEAN countries.
A team of analysts from NICMR Tokyo will relocate to Nomura Singapore Ltd. and a new department will be established there to support the business activities of Nomura in Asia through the assimilation and timely release of information about financial and capital market systems in ASEAN and other Asian countries.
'To solidify Nomura’s position as an Asian-based global financial services group, it is increasingly important for the group to enhance its competitive strengths based on in-depth research and analysis of Asian countries’ financial and capital markets, related systems and regulatory developments', said Toshihiro Iwasaki, President & CEO of NICMR.
NICMR's Beijing representative office, established in October 2010, has already made significant contributions to Nomura’s business in China through its collection and dissemination of information about the local markets and systems. NICMR also has representative offices in New York and London.
'The new department will also take advantage of its convenient geographical location to conduct research and analysis on the financial and capital markets of India and countries in the Middle East, important markets for Nomura', said Takeo Aoki, President & CEO of Nomura Singapore Ltd.
NICMR, a subsidiary of Nomura Holdings, Inc., was set up in 2004 to provide independent research to internal as well as external clients on capital markets and financial institution systems, structures and trends.
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