Nomura Asset Management U.s.a. Inc.

Nomura Asset Management U.S.A. Inc. is a registered investment adviser with the SEC, established in 1976. The firm specializes in providing investment management services to institutional clients, offering discretionary investment management services to corporate pension plans, U.S. registered investment companies, and non-U.S. pooled investment vehicles. They delegate investment discretion and trading authority to affiliates, offering long-only global and international equity strategies. Nomura Asset Management U.S.A. has a minimum initial account size of $10 million for institutional separate accounts. The firm manages over $826 million in assets on a discretionary basis as of March 31, 2024. Regarding fees, Nomura Asset Management U.S.A. charges fees based on factors like investment mandate, services performed, client relationship, and account size. They may also charge performance fees. The firm does not directly debit fees from client accounts. Additionally, the firm does not provide portfolio management services in connection with any wrap fee programs. Clients may prepay fees, and fee structures are subject to negotiation based on various factors. Nomura Asset Management U.S.A. has policies and procedures in place to address potential conflicts of interest related to brokerage practices, trade allocation, and aggregation. The firm does not have custody of client assets, which are held by a qualified custodian. Nomura Asset Management U.S.A. accepts discretionary authority to manage advisory accounts and provides periodic reviews and reports to clients. The firm has policies in place for voting client securities, ensuring proxies are voted in clients' best interests. Nomura Asset Management U.S.A. has not been subject to bankruptcy filings or financial conditions likely to impair meeting contractual commitments to clients.