RBC Investor & Treasury Services maintains global fund administrator position for fifth year running

LONDON, Sept. 29, 2017 /CNW/ - RBC Investor & Treasury Services, part of Royal Bank of Canada (RY on TSX and NYSE), today announced that it has been named the number one fund administrator globally and in Luxembourg in this year's influential R&M survey for the fifth consecutive year.

The R&M Fund Accounting and Administration Survey measures client satisfaction by means of questionnaires completed by fund managers around the world. It is one of the most highly regarded industry surveys, given its independence and foundation on direct feedback from users of fund accounting and administration services.

"These results truly reflect our strong commitment to delivering exceptional experiences to our clients and placing them at the centre of everything we do," said Joanna Meager, Global Head, Client Operations and Head, Investor & Treasury Services UK.

The findings of the R&M Fund Accounting and Administration Survey add to RBC Investor & Treasury Services' strong track-record in industry awards and client surveys, including most recently number one custodian overall – globally (unweighted), by Global Investor/ISF magazine for an unprecedented seventh consecutive year and rated #1 Fund Administrator of the Year.

Details of RBC Investor & Treasury Services' key awards and rankings over the past year are available here.

About RBC Investor & Treasury Services
RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide. We serve clients from 19 countries across North America, Europe, Asia and Australia, delivering services to safeguard client assets and maximize liquidity. Rated by our clients as the #1 global custodian for six consecutive years (Global Custody Survey, Global Investor ISF, 2011 to 2016), RBC I&TS is trusted with over CAD 4 trillion in client assets under administration as at April 30, 2017.

About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have approximately 81,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 35 other countries. For more information, please visit rbc.com.

RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments and employee volunteer activities. For more information please see: http://www.rbc.com/community-sustainability/.

SOURCE RBC Investor & Treasury Services