BNY Mellon Asset Servicing shared the highest number of #1 rankings – eight in total – within its peer group of largest global custodians in Global Investor magazine’s 2009 Global Custody Survey of investment managers, insurance companies and pension funds.
BNY Mellon Asset Servicing was ranked #1 out of all nine surveyed global custody providers in the Sole: Overall (Weighted), Sole: Americas (Weighted) and Asia (Unweighted) categories.
In addition, BNY Mellon was ranked #1 amongst its peers (State Street, JP Morgan, Northern Trust & Citigroup) in the following categories:
-Overall (Unweighted)-Billionaire’s Club (Unweighted)-Americas (Unweighted)-Institutional Asset Managers (Unweighted)-Institutional Fund Managers: Americas (Unweighted)
Sample client quotes submitted by survey respondents included:
“Overall, this is our top custodian””We were very impressed when [BNY Mellon] created a client service team purely to service our business. The team is made up of highly experienced individuals who provide excellent service””Our current relationship manager is excellent. He understands our business and is very effective at solving problems”
“Service excellence and innovation remain the cornerstones of our asset servicing business, and these latest survey results underline once again the unwavering dedication displayed by everyone within our Asset Servicing team,” says Jim Palermo, co-CEO of BNY Mellon Asset Servicing. “This latest vote of confidence by our clients is particularly pleasing given the challenging business environment over recent months, and we will continue to work diligently to support them to ensure they can achieve their goals going forward.”
L.D.