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Matheson Ranked as Ireland’s Leading Funds Practice for Sixth Consecutive Year
AUTHOR(S): Tara Doyle, Michael Jackson, Dualta Counihan, Joe Beashel, Anne-Marie Bohan, Shay Lydon, Liam Collins, Philip Lovegrove, Elizabeth Grace, Oisin McClenaghan, Michelle Ridge
PRACTICE AREA GROUP: Asset Management and Investment Funds
Matheson's Asset Management and Investment Funds Group has been ranked by the Monterey Insight Ireland Fund Report, the leading independent industry survey, as Ireland's leading practice by assets under management for the sixth year in a row. The 2016 Monterey Insight report reveals that Matheson acts for in excess of 29% of Irish domiciled investment funds by assets under management as at 30 June 2016.
The recent report from the independent fund research company highlights that the number of Irish domiciled funds has grown by 4.2% to US$ 2.7 trillion since June 2015, demonstrating that Ireland continues to be the European fund domicile of choice for global asset managers. The funds industry also managed to attract over US$ 19.8 billion in newly launched funds which again proves the attractiveness and dynamism of the sector.
Commenting on the results of the report, Tara Doyle, Head of Matheson's Asset Management and Investment Funds team, said,
“Matheson is pleased to maintain its position as the number one ranked funds practice in Ireland by assets under management for a sixth consecutive year. We act for 29% of all Irish domiciled investment funds which represents a market share over 10% greater than our nearest competitor and reinforces our position as the leading asset management and investment funds practice.”
Matheson's dedicated asset management and investment funds team comprises over 50 fund professionals in total, led by 11 partners and has extensive experience in UCITS and alternative investment funds including property funds, private equity funds, ETFs, money market funds, loan funds, fund of funds and in ICAV structuring.