Nomura Calls It Quits On Nomura Rosenberg Institute
MANAGEMENT AND STRATEGY
Nomura Securities Co. Ltd., which four years ago teamed up with quantitative investment specialist Barr Rosenberg to form the Nomura Rosenberg Investment Technology Institute, has decided to close the institute down. The West Coast think-tank was created to develop systems technology and proprietary analytics for Nomura's traders -- primarily those in Japan. The institute had seven employees. They will be transferred to Nomura Research Institute America and Nomura's office in Tokyo.
While a
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