OneVue, Mercer, Nextplan join forces
Mercer’s asset consulting expertise would merge with Nextplan’s investment management capabilities and adviser network through a new OneVue partnership in a new low-cost client-tailored model.
Through OneVue’s private-labeller platform, investors would be able to access 12 managed account portfolios designed by Nextplan’s investment arm and created using Mercer’s global investment consulting capabilities.
The partnership would drive down the cost of investing in professional investment management for clients and would leverage OneVue’s FUND.eXchange funds.
Nextplan chief executive officer, David Corridon, said the new OneVue platform would enable Nextplan to access “best-of-breed” investment consulting and administration solutions.
“Our alliance with Mercer gives our investment team access to their world class investment consulting expertise and multi-manager ‘building blocks’ methodology and with the flexibility of a managed account structure. The new platform creates value at an extremely competitive price,” he said.
OneVue’s executive general manager of platform services, Lisa McCallum, said the alliance further reflects the platform’s commitment to reducing costs to the client.
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