Nomura Asset Management is relocating administrative functions related to investment trusts and other securities to India, a move driven by the increasing global adoption of faster trade settlement cycles, according to reports confirmed on March 11, 2026.
The shift, reported by both Nikkei Asia and Marketscreener.com, aims to align Nomura Asset with the emerging standard of next-day trade settlement. Currently, many markets operate on a T+2 settlement cycle, meaning trades take two business days to finalize. The move to T+1, or next-day settlement, is gaining momentum worldwide, necessitating adjustments to back-office operations.
Nomura Holdings’ decision impacts administrative tasks, rather than front-office investment roles, according to the reports. This suggests a focus on streamlining post-trade processing to meet the accelerated timelines.
Nomura Asset Management operates through a network of investment managers, including Nomura Capital Management LLC and Nomura Corporate Research and Asset Management Inc., according to information on the company’s global website. The specific impact on each of these entities is not detailed in the available reports.
The move to India comes as Nomura Asset Management also maintains a significant focus on Indian equity markets. Vipul Mehta, Head of Investment for Asia Pacific ex Japan, leads the firm’s India Equity Strategy, which aims for high returns through bottom-up fundamental research and direct engagement with Indian companies. The India Equity Fund UCITS fund currently holds a Morningstar ranking of 4-stars, indicating consistent performance, as of January 2017.
As of early March 2026, Nomura Funds’ portfolio in India is valued at approximately 6,483 crore rupees, representing a 3.40% quarter-over-quarter increase, according to data from the Economic Times.
Nomura Asset Management has not publicly commented on the specific timeline for the full transition of administrative operations to India, nor on the number of positions potentially affected.
