TORONTO, July 31, 2015 /CNW/ - RBC Investor & Treasury Services, part of Royal Bank of Canada (RY on TSX and NYSE), today announced that it has been named Fund Administrator of the Year - Developed Markets, by Global Investor/ISF magazine.
At this year's Investment Excellence Awards, hosted in London by leading asset management industry publication Global Investor/ISF, RBC Investor & Treasury Services was named Fund Administrator of the Year- Developed Markets. In recognizing RBC, Global Investor/ISF highlighted the service provider's outstanding client retention rate and commended its focus on developing long-standing client relationships and its consultative approach. RBC's financial strength, stability and strong credit ratings were also cited by the magazine.
The Investment Excellence Awards, now in its 15th year, recognizes the achievements of asset managers and associated firms such as investment consultants and fund administrators. Shortlisted nominations are judged by an independent awards committee comprised of leading individuals from across the asset management community.
RBC Investor & Treasury Services has an acknowledged industry track-record for client service excellence, including most recently:
- ranked "number Custodian Overall - globally (raw data)" in this year's Global Custody survey, conducted by Global Investor/ISF magazine,
- named "number one custodian overall" for Canada, North America and Benelux, in the 2015 R&M Investor Services Survey,
- voted "best "Global Custodian" at the Family Wealth Report Awards 2015 for the second consecutive year,
- Awarded "Real estate fund administrator of the year" 2014 by Custody Risk.
Details of RBC Investor & Treasury Services' key awards and rankings over the past year are available on the I&TS website.
About RBC Investor & Treasury Services
RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide. We serve clients from 18 locations across North America, Europe, Asia and Australia, delivering custodial, advisory, financing and other services to safeguard clients' assets, maximize liquidity and manage risk in multiple jurisdictions. RBC I&TS ranks among the world's top 10 global asset servicing businesses, with USD 3 trillion in client assets under administration (as at May 28, 2015).
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We employ approximately 78,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 39 other countries. For more information, please visit rbc.com.
RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2014, we contributed more than $111 million to causes worldwide, including donations and community investments of more than $76 million and $35 million in sponsorships.
RBC Investor & Treasury Services™ is a global brand name and is part of Royal Bank of Canada. RBC Investor & Treasury Services is a specialist provider of asset servicing, custody, payments and treasury services for financial and other institutional investors worldwide. RBC Investor & Treasury Services operates primarily through the following companies: Royal Bank of Canada, RBC Investor Services Trust and RBC Investor Services Bank S.A., and their branches and affiliates. These materials are provided by RBC Investor & Treasury Services (RBC I&TS) for general information purposes only. RBC I&TS makes no representation or warranties and accepts no responsibility or liability of any kind for their accuracy, reliability or completeness or for any action taken, or results obtained, from the use of the materials. Readers should be aware that the content of these materials should not be regarded as legal, accounting, investment, financial, or other professional advice, nor is it intended for such use. ® / ™ Trademarks of Royal Bank of Canada. Used under licence.
For further information:
Adam Lister, +44 (0)20 7653 4978, [email protected]