Pershing LLC, a BNY Mellon company, based In Jersey City, N.J., said the company is developing a new list of premier mutual funds that it is calling FundVest 200 and is building the new list – created from institutional investment management research to broker-dealers and advisors.
The BNY Mellon company says the FundVest 200 will enable advisors to construct portfolios for investors based on credible, institutional quality research
Funds selected for FundVest 200™, available on Pershing's no-transaction-fee mutual fund platform, will be selected by King of Prussia, Pa.-based affiliate Lockwood Advisors, Inc., utilizing the BNY Mellon Manager Research Group's independent research process. It will be offered at no additional cost to Pershing broker-dealer and registered investment advisor clients, the company said.
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