JP Morgan pushed ahead to become the top rated trustee in the Dublin market as ranked by 33 different fund promoters operating out of Dublin according to the 2011 Dublin Trustee & Custody Survey conducted by R&M Consultants.
BNY Mellon also put on another strong performance, coming close behind in the trustee section and taking joint first place in the custody market (table below). JP Morgan did not wish to participate in the custody section of the survey.
The survey was completed in December 2011.Banks were assessed on 23 different aspects of their service and scored out of a maximum of 10 for each. All banks actively offering a trustee and global custody service in the Dublin market were given the opportunity to participate.