RBC Global Services, Institutional & Investor Services (IIS) was named best overall global custodian by “Global Investor” magazine in its 2004 annual Global Custody Survey.
“RBC’s reputation for providing quality client service has been exemplified in this year’s Global Investor survey results. Clients have been impressed by the first class service and value added benefits they have received from RBC,” said Claire Milhench, editor of Global Investor magazine.
Ranked first by both institutional and mutual fund managers from around the world, RBC Global Services continues to improve year over year, the survey said. RBC placed first for overall client service and value for money and almost 90 percent of survey respondents would recommend RBC as a custodian, the survey showed. Overall standard scores for all global custodians increased this year, confirming that the bar has been raised.
“Global Investor” magazine polls more than a thousand global custody clients including banks, institutional asset managers, mutual fund managers and insurance companies. The complete survey results can be found in the May 2004 issue of “Global Investor” magazine.