ConvergEx received three Best in Class honors, including two Commended awards from Institutional Investors for âExecutionâ and âPreâTrade, PostâTrade and Organization & Support.â ConvergEx also received a Commended award from Consultants for âExecution.â Institutional Investors rated ConvergEx particularly highly for âTimeliness of Responses to Inquiries.â
The magazine noted that ConvergEx won praise for its âexcellent project management and interaction with managers and custodians.â Additionally, clients cited ConvergEx as âefficient, responsive, on top of the various parties and communicating every step of the way.â
âOur solid results in this yearâs PLANSPONSOR survey demonstrate again how much our clients value the combination of our stateâofâtheâart technologies and global reach,â said Carey S. Pack, chief executive officer of ConvergEx Execution Solutions.
âAs managing transitions has become increasingly complex, we have dedicated our time to building out multiâasset class technologies that enhance our highâtouch client service,â commented Kal Bassily, CFA, managing director and head of Global Transition Management at ConvergEx. âWe are honored to receive this recognition confirming that our clients appreciate our positive contributions to their transition objectives.â
With a dedicated team of Global Transition Management professionals worldwide, ConvergExâs experience and worldclass
expertise provide clients with customized transition strategies that can preserve assets, minimize market impact, manage risk and minimize cost.
The listings in the 2010 Transition Management Survey represent data collected by PLANSPONSOR from transition managers and feedback from their clients.