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Foreign exchange survey results
07 February 2012
Standards increased across the board in this year’s Global Investor/ISF foreign exchange survey. But the winner was the same – Brown Brothers Harriman
This year's foreign exchange (FX) survey winner was Brown
Brothers Harriman (BBH), retaining the top spot it took from
BNY Mellon in 2011.
The victory was comprehensive: it not only topped the OVERALL
and OVERALL: REAL MONEY tables, both weighted and unweighted,
but also had a clean sweep of all regions except Asia.
The unweighted ASIA table was topped by Northern Trust and,
when weightings were attached (see methodology below) according
to the respondent's assets under management (AuM), BNY Mellon
took first place. Although it was business-as-usual for BBH at
the top of the overall table, the next highest positions saw
plenty of change on last year's survey.
Last year's second placed FX provider, RBC Dexia, fell to
fourth place. Its second place was taken by Morgan Stanley,
which did not receive the necessary ten responses to qualify
last year. The third spot in the overall table was taken
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