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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

Read more: FX BBH Morgan Stanley BNY Mellon

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 by...