NAM will acquire ordinary shares issued by 8 Securities and 8 Limited. NAM plans to invest
\napproximately 1.6 billion yen in 8 Securities and will hold a majority of the outstanding shares.
\nThe investment in 8 Limited will be approximately 1.1 billion yen, and NAM will become a
\nminority shareholder. NAM intends to make the respective investments in early April.<\/p>\n
Based in Japan, 8 Securities provides discretionary robo-advisory services through iOS and
\nAndroid mobile apps using exchange-traded funds (ETFs). 8 Limited also provides mobile app
\nrobo-advisory and online brokerage services in Hong Kong, through local affiliate FinTech
\ncompany 8 Securities Limited (collectively “8 Group”).<\/p>\n
By collaborating with the 8 Group, NAM aims to leverage the functions of the 8 Securities
\nplatform to deliver high value-added services to its clients. NAM also aims to provide these
\nservices to other financial institutions.<\/p>\n
8 Securities is preparing to offer NAM index funds. NAM and 8 Securities will work together to
\ndevelop the necessary app with the aim of launching the product from this fall. NAM will also
\npursue strategic collaboration with the 8 Group in FinTech areas in Asia.<\/p>\n
Leveraging 8 Group\u2019s excellent mobile app development skills and NAM\u2019s investment
\ncapabilities and product offerings, NAM intends to provide investment services not only to
\ninvestors in the asset accumulation phase, but also to a wide range of clients including
\nexperienced investors.<\/p>\n
In so doing, NAM aims to contribute to ongoing efforts in Japan to encourage a shift from
\nsavings to asset building.<\/p>\n
The impact on Nomura Holdings\u2019 consolidated performance is expected to be minimal.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nomura Asset Management Co., Ltd. (\u201cNAM\u201d), a wholly owned
\nsubsidiary of Nomura Holdings, Inc., announced that it has entered into a definitive
\nagreement with FinTech company 8 Securities Inc. (\u201c8 Securities\u201d) and its Hong Kong
\nheadquartered parent company 8 Limited (\u201c8 Limited\u201d) to acquire shares through a third-party
\nallotment.<\/p>\n","protected":false},"author":20,"featured_media":70463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1888,1651,1437,2082,2035,1787,1702],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/70465"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=70465"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/70465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/70463"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=70465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=70465"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=70465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}