This publication brings latest news of senior moves and appointments in the wealth management sector.

Tokyo-based investment bank Nomura has appointed Jim Leng as the non-executive chairman of Nomura Europe, the Middle East, and Africa. Leng is succeeding Kieran Poynter who stepped down in June of 2015.  David Benson has been the interim chairman since June.  

Prior to this position, Leng was a director and chairman of HSBC Bank plc, the entity of HSBC that which owns all UK and Continental operating subsidiaries. He is also on the board of AON, a global provider of risk management services, insurance brokerage and human resource consulting.  

Leng will be based out of London.

The hire comes a month after the bank launched a long-only, risk controlled European equity fund.  The financial services group expanded its alternative investment UCITS range with the fund.

Among recent developments, Nomura appointed Coutts' Johnny Heng as chief investment officer, wealth management for Asia excluding Japan. Heng joined from Coutts where he was managing director and head of investment services, Asia. 

Separately, the Japanese firm announced in October that its asset management arm boosted its pre-income tax income by 25.3 per cent year-on-year to JPY20.2 billion ($168 million) during the six months to the end of September.