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New York launch of independent survey of global asset managers
Matheson hosted leading US funds industry professionals at New York’s 21 Club on 6 March 2014. The event marked the US launch of the Matheson-commissioned Economist Intelligence Unit survey: Choosing a European fund domicile: The views of global asset managers.
The attendees were welcomed by Aiden Kelly, a partner in Matheson’s Asset Management and Investment Funds group based in the firm’s New York office. Elizabeth Grace and Tara Doyle, partners in Matheson’s Asset Management and Investment Funds group, addressed the gathering, outlining the survey’s main findings.
The survey found that Ireland is now the European domicile of choice for investment funds. Ireland places far ahead of its nearest rivals, meaning Ireland is well-positioned to attract a growing share of jobs and investment from the thriving global funds industry.
The survey found that Ireland scored particularly well amongst US asset managers, with 76% choosing Ireland as a top-3 domicile. Luxembourg placed second for US managers with 46% giving it a top-3 preference, followed by Germany which was given a top-3 preference by 44% of US managers.
The full report is available online here.