Economic and financial market trends are constantly monitored to gather information and identify investment opportunities from a global perspective.

Nomura Investment Management Co., Ltd. established.

Local subsidiary established in New York.

Began investment for American Pension

Local subsidiary established in London.

Local subsidiary established in Singapore.

Local subsidiary established in Hong Kong.

Agreement concluded with First Quadrant L.P. concerning provision of GTAA.

Provision of fund of hedge funds starts with PAAMCOand NFR&TA

Agreement concluded with Research Affiliates concerning provision of products in Japan.

Representative office established in South Korea.

Local subsidiary established in Malaysia.

• *1 PAAMCO…Pacific Alternative Asset Management Company
• *2 NFR&TA…Nomura Funds Research & Technologies America, Inc.