Nexus funds is a straight-through processing, no-fee mutual fund solution that is fully integrated with the Pershing Nexus platform. Pershing’s Nexus platform provides private client wealth managers, life companies, building societies and independent financial advisers with a single access point to buy and sell a variety of global funds in addition to all major financial instruments including equities, fixed income and foreign exchange.
Charles van der Merwe, CEO of Pershing, said: We are seeing increased momentum in the number of funds joining our Nexus funds solution. The addition of these premier fund companies to Pershing’s mutual fund solution demonstrates our continued commitment to providing clients with a cost-effective way to access a diverse range of funds from high caliber financial institutions.