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Nomura Asset Management, Hong Kong-Based Alshores Celebrate Taiwan JV
Nomura Asset Management, part of Japan’s Nomura Holdings, and Allshores Group, based in Hong Kong, have officially marked the renaming and rebranding of their joint venture for Taiwan.
Nomura Asset Management, part of Japan’s Nomura Holdings, and Allshores Group, based in Hong Kong, have officially marked the renaming and rebranding of their joint venture for Taiwan.
The JV is called Nomura Asset Management Taiwan Limited; the venture was initially unveiled on 16 October.
The entity has around 250 employees, according to its chairman, Ashwin Mehta.
At the end of October, Nomura announced it had logged income after income tax of Y125.7 billion ($1.16 billion) in the six months to 30 September, representing a 32.6 per cent fall from the same period a year ago.
