Nomura International Wealth Management (Nomura IWM) is pushing for one of the industry’s most aggressive shifts into alternative assets, joining a regional race to lift client allocations out of the single digits. “We expect client allocations to alternatives to reach 35%-40% over the next three to five years, with alternatives serving as true equity replacement strategies rather than portfolio diversifiers,” … Continue reading Nomura IWM eyes 40% alts allocation in bold “equity replacement” push