Pershing has extended its collateralised lending product, Nexus Loans, to make the service available to offshore investors and has added euro and US dollar denominations to its sterling offering.

Pershing’s Nexus Loans product allows private clients to leverage assets within their investment portfolio through a non-purpose collateralised loan. By introducing additional currencies, Pershing is providing a broader range of solutions to its wealth manager and adviser clients, and helping to limit their exposure to exchange-rate fluctuations.

“Portfolio leverage is a growing concept for UK and offshore private investors” said Ileana Sodani, chief relationship officer of Pershing. 

“Collateralised lending is not widely available and Pershing is pleased to provide solutions that let our wealth manager and adviser clients offer a service often the preserve of private banks. Nexus Loans provides access to cash while enabling clients to remain invested in the market. By adding currency choice and extending the service to offshore investors we are continuing our commitment to delivering increased flexibility and sophistication in our client solutions.”

Nexus Loans can be tailored by adjusting the loan-to-value ratio and interest rates to suit client-specific risk profiles.