Nomura bids to push UK presence

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Global investment services provider Nomura says it plans to focus on promoting its retail products in the UK market in 2007.

The firm says it will be spending more time in the UK IFA sector and could offer some of its products through fund platforms or in partnerships with life companies. Nomura has launched a range of UCITS III funds over the past year and so far they have been distributed in other markets in Europe such as Italy and Norway, as well as the offshore sector. But Garry Topp, director of Nomura’s Equity Derivatives Sales, says that could change over the next 18 months. “Nomura is principally focused on markets outside of the UK,” he says. “But this is going to change throughout 2007 and 2008. ...

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