According to Pershing, its entry into the Channel Islands comes in response to client demand for access to onshore and offshore investment opportunities via the same provider.
“Opening a Channel Islands office represents an important part of our strategic plan to provide private wealth managers and private banks with a competitive onshore and offshore capability in Europe,” said Charles van der Merwe, chief executive officer at Pershing.
Pershing, which was established in London in 1987, is an affiliate of Pershing LLC, a subsidiary of BNY Mellon. Pershing LLC provides “financial business solutions” to more than 1,500 organisations and independent investment advisers globally.
