Nomura Securities launches active Japanese equity ETF in the U.S., targeting the retail market.

Nomura Holdings has launched its first actively managed Japan equity ETF listed in the United States. The move aims to leverage the distribution network gained from Macquarie Group's U.S. asset management business to reach U.S. retail investors. This initiative is part of Nomura's strategy to expand its global asset management business. The Japanese financial group aims to increase its global assets under management to 180 trillion yen by 2030. Yuichi Murao, head of global Japanese equity at Nomura Asset Management, said in an interview: "After experiencing the so-called 'lost two or three decades,' Japan's macroeconomic environment has changed significantly. Now, investing in Japanese equities has finally become feasible." Murao said U.S. retail investors' awareness of the Japanese stock market remains relatively low, and Nomura hopes to use this ETF to "lay the foundation" for its U.S. business. Nomura Asset Management provides investment advice for the ETF.