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NOMURA TO SET UP BOND MANAGEMENT FIRM IN U.S.
AsiaPulse News
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July 01, 2008 |
COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
NEW YORK, July 1 Asia Pulse - Nomura Holdings Inc. (TSE:8604) will establish a new unit in the U.S. for managing bonds according to a hedge-fund style, acquiring a team of local specialists.
The new entity will be a wholly owned subsidiary of the U.S. arm of Nomura Asset Management Co. and be positioned as a type of fund of funds.
Rajiv Sobti, chief investment officer of leading U.S. hedge fund Proxima Alfa Investments, and his bond management team will join the planned company. Sobti is expected to be named the chief investment ...
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Source: HighBeam Research, NOMURA TO SET UP BOND MANAGEMENT FIRM IN U.S.