Nomura shifts focus to longer-term investment performance
Summary
Nomura is revising its evaluation process for portfolio managers to emphasize longer-term investment performance, a shift that aligns with a broader trend among asset management firms. This change is part of a movement within the industry to realign manager evaluation criteria, focusing on sustained portfolio growth instead of short-term benchmarks.
Analysis
Nomura: Nomura is a leading Japanese financial services group offering investment banking, asset management, and securities brokerage globally through its various subsidiaries. Nomura Asset Management, its dedicated asset management division, oversees client portfolios and is now revising its internal evaluation framework for portfolio managers. The changes specifically increase the emphasis placed on longer-term investment performance outcomes in performance reviews. Industry Practice: Asset management firms are adjusting manager evaluation criteria to better align incentives with sustained portfolio growth rather than short-term benchmarks.
Categories
macropolitics