Dermot Butler Opalesque Industry Update - Custom House Global Fund Services yesterday won a prestigious award at the annual HFM 2011 European Hedge Fund Services Awards, which were held in London recently. Custom House won in the category "Best Administrator Over $30bn - Client Service" coming top of its field, like David in a shortlist of Goliaths, comprising Citco, Morgan Stanley Fund Services, GlobeOp Financial Services, JP Morgan, SEI and State Street.
In selecting Custom House the judges noted in their citation “The judges described Custom House as a remarkable firm. Few others in this space are able to demonstrate this level of technical aptitude, while also providing the customer with a bespoke and extremely client focussed service”.
This Client Service Award, which Custom House also won last year, marks the latest award that Custom House has won in a long run of industry nominated success. In October Custom House’s US operation won The HFMWeek US Service Provider Award for “Best Administrator for Small & Start-Up Hedge Funds”, followed by a win for its European branch at the ICFA European Awards for “Fund Administrator of the Year: Malta” in November 2010, and yet another in March of this year for its Asian subsidiary – The Hedgeweek Awards 2011 “Best Asian Hedge Fund Administrator”.
The Award was collected by Dermot Butler, Chairman of Custom House Group, who commented “I was delighted to accept this award, because client service is an essential and focal point of our business philosophy and it is the best endorsement of Custom House and its staff, whom I must congratulate on the achievement of this award. Finally, I believe that winning the same award last year confirms a consistency in the standard of Custom House’s service of which I am extremely proud”. Corporate website: Source