Matheson's Asset Management and Investment Funds Department has been ranked by the Monterey Insight Ireland Fund Report as Ireland's leading practice by assets under management (“AUM”) for the tenth year in a row.
The Monterey Insight Ireland Fund Report 2020 reveals that Matheson continues to rank first for Irish domiciled funds based on the AUM at 31% and first amongst both domiciled and non-domiciled funds as at 30 June 2020.
The report shows that Matheson now advises Irish domiciled funds with assets exceeding US$1 trillion, with a growth in AUM advised by Matheson of US$109 billion, representing a 10% increase. The report also confirms that Matheson advises more Irish domiciled funds than any other legal adviser. This cements Matheson’s reputation as the law firm of choice for international asset managers establishing Irish funds.
Commenting on the results of the report, Tara Doyle, Head of Matheson's Asset Management and Investment Funds Department, said:
“Matheson is delighted to be named by Monterey as the leading law firm in Ireland by assets under management for the tenth consecutive year. We are also very proud to be recognised as the leading law firm in Ireland by number of domiciled funds for the first time and to be the first law firm to advise Irish domiciled funds with assets exceeding €1 trillion. These achievements have been made possible by the confidence our clients have placed in Ireland as a funds domicile and the investment we have made in our people, who remain our greatest asset.”
Matheson's dedicated Asset Management and Investment Funds Department comprises over 70 fund professionals in total, led by 12 partners and has extensive experience in UCITS and alternative investment funds such as ETFs, ESG funds, money market funds, credit funds, property funds and private equity funds, including advising on the opportunities presented by the recently enhanced Irish Investment Limited Partnership vehicle.