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International funds

Bank of New York Mellon Adds Four Mutual Funds to Nexus Platform

Published July 28, 2008, 4:42 p.m. EDT
1 Min Read

Pershing Limited, an affiliate of the subsidiary of The Bank of New York Mellon Corporation, Pershing LLC, recently announced the addition of four mutual funds to its Nexus Funds platform.

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The four mutual funds come from BlackRock, Rathbone Unit Trust Limited, HSBC Global Asset Management (UK) Limited, and Sarasin Investment Funds Limited.

The Nexus Platform provides private wealth managers, developing societies, life companies, and financial advisers a single asset position for the sale and purchase of a variety of financial tools. In addition, dealing, settlement, and keeping fees on new assets are waved for contracts eligible in UK registered funds that make use of Pershing’s Nexus solutions.

“The addition of these four highly regarded fund managers reflects our continued commitment to provide our clients with cost-effective access to many of the UK's leading mutual funds to help them grow their businesses,” said Charles van der Merwe, CEO of Pershing Limited. "More than 700 funds are now available through Nexus Funds and we look forward to further expanding our offering."


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