RBC Global Services, Institutional Investor Services has been ranked third in the world for global custody service quality in a recent survey by Global Investor magazine.

This is the fourth consecutive year that RBC Global Services has been ranked in the survey’s top three overall in terms of service quality.

In addition to this overall ranking, RBC Global Services earned the survey’s honours for Best Global Custodian based on responses from European clients, and Best Global Custodian, based on responses by Institutional Asset Managers. RBC Global Services has achieved an average‚ ranking of third overall for the period covering the past nine years in the annual survey.

“We are extremely pleased with the 2002 Global Investor survey results, which underscore the consistency and quality of RBC Global Services‚ approach to client service,” said Paul Stillabower, vice president and managing director, Europe, Middle East and Africa for RBC Global Services, IIS. “This award is yet another indication that our distinctive and client focused approach continues to be recognized and embraced by our clients.”

Global Investor magazine’s annual Global Custody Survey is a well-known and respected industry survey which polls more than a thousand global custody clients, including banks, institutional fund managers, mutual fund managers and insurance companies.