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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
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
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