Nomura Holdings Inc. said it will form a venture with Norinchukin Bank Ltd. next year to invest assets for Japanese pension funds.
Nomura and Norinchukin, the central bank for farm and fishery cooperatives, expect to manage ¥300 billion for domestic pension funds within five years, investing the money in overseas funds with a focus on private equity, said Nomura spokesman Michiyori Fujiwara.
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