Nomura to increase early-stage investments for asset management business

Nomura to increase early-stage investments for asset management business

FILE PHOTO- The logo of Nomura Securities is pictured at the company's Otemachi Head Office in Tokyo, Japan, November 18, 2016. REUTERS/Toru Hanai/File Photo

Nomura Holdings will increase early-stage, or seed, investments to more than 100 billion yen ($678.84 million) to beef up its asset management business capabilities, Japan’s biggest brokerage and investment bank said on Tuesday.

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