Nomura global funds get Spanish approval

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Nomura Asset Management UK (NAM) - local arm of the Japanese financial group - has received the go-ahead from the the Spanish Stock Exchange commission (Comisión Nacional del Mercado de Valores) for the distribution of its global fund range.

Laura Palomino, NAM's business development manger for Spain and Portugal, said that the move anticipated Spanish pension reform, which means all pension funds must be outsourced to external asset m...

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