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 14th year in a row.
The Monterey Insight Ireland Fund Report 2024 reveals that Matheson continues to rank:
- First for Irish domiciled funds based on AUM for the 14th consecutive year – 28% market share
- First for combined domiciled and non-domiciled funds based on AUM – 27% market share
The report shows that Matheson now advises Irish domiciled funds with assets exceeding US$1.33 trillion, with a growth in AUM advised by Matheson of almost US$327 billion, representing a 33% increase. This cements Matheson’s reputation as the law firm of choice for international asset managers establishing Irish funds.
Commenting on the results of the report, Tara Doyle, partner and head of Matheson's Asset Management and Investment Funds Department, said:
“Matheson is delighted to be named by Monterey as the leading law firm in Ireland by assets under management for the 14th consecutive year. Matheson was also ranked first for funds transferred from other law firms during the year. These achievements have been made possible by the confidence our clients have placed in Ireland as a funds domicile and the investment we have made in our people, who remain our greatest asset. We are pleased to see the Irish funds industry continues on its growth trajectory, with overall assets in the Irish domiciled funds industry increasing by 15.9% in US$ value and growth of 2.8% in the number of Irish-domiciled funds.”
Matheson’s dedicated Asset Management and Investment Funds Department comprises over 70 fund professionals in total, led by 13 partners and has extensive experience in UCITS and alternative investment funds including ETFs, money market funds, credit funds, property funds and private equity funds.
