RBC Dexia wins award

RBC Dexia Investor Services has been named ‘Fund Administrator of the Year: Luxembourg’ at ICFA Magazine’s European Awards for the second year in a row.

“Luxembourg plays a critical role in the European fund industry and we are very proud to win this award once more,” says José Placido, CEO of RBC Dexia Investor Services. ”It is further proof of the excellence in fund administration that clients have come to expect from us, and of our commitment to provide them with the services they require to achieve their ambitions.”

RBC Dexia also came out on top of this year’s R&M Consultants Global Custody Survey and also was named #1 global custodian overall for the Americas and EMEA in Global Investor’s Global Custody Survey.

Equally owned by RBC and Dexia, the company ranks among the world’s top 10 global custodians with USD 2.9 trillion in client assets under administration. The award probably comes as welcome news to the company, as Dexia required a government bailout in September.

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