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 twelfth year in a row.
The Monterey Insight Ireland Fund Report 2022 reveals that Matheson continues to rank:
- First for Irish domiciled funds based on AUM for the 12th consecutive year
- First for Irish domiciled funds by number of funds
- First for combined domiciled and non-domiciled funds based on AUM
Commenting on the results of the report, Tara Doyle, partner and head of Matheson's Asset Management and Investment Funds Department, said:
"2022 was a challenging year for the global funds industry given the significant market volatility impacting all sectors. Against that backdrop it was reassuring that the number of Irish domiciled funds established by our clients, and the market more generally, continued to grow. We are delighted to have retained our number one ranking for Irish domiciled funds by number of funds for the third year in a row and by AUM for the 12th year in a row. It was particularly pleasing to see growing interest in the Irish investment limited partnership (ILP) structure and to have acted for one third of the ILPs established to date. 2022 was also a busy year for new ESG product launches, with Ireland reinforcing its position as a leading European centre of excellence for the domicile and servicing of ESG funds."
Matheson’s dedicated Asset Management and Investment Funds Department comprises over 70 fund professionals in total, led by 14 partners and has extensive experience in UCITS and alternative investment funds including ETFs, money market funds, credit funds, property funds and private equity funds.