Monterey Insight has confirmed Mourant as the leading legal adviser of serviced and distributed funds and overall market share, advising on 894 funds and the largest market share by assets in its latest report.
The 27th edition provides a comprehensive analysis of the performance of all funds serviced in Jersey and the market share of all Jersey service providers.
The Report revealed that Jersey has experienced a double-digit leap for the Jersey funds industry with a rise in fund assets serviced in Jersey from US$493.0bn in 2020 to US$605.4bn at the end of June 2021, up 22.8%. This comes on the back of the strong growth for Jersey Private Funds as the structure exceeds 500, as reported by Jersey Finance in January 2022.
Mourant has also secured the overall top spot across the new business tables for new funds and new sub-funds having experienced the highest increase in new funds business growth amongst Jersey law firms.
Jersey Funds Practice Leader at Mourant, Felicia de Laat (pictured) commented: “Our market-leading position in the Jersey funds market is testament to our team’s dedication and commitment to providing the highest quality legal advice and excellent service.
“We’re proud to be the leading funds legal adviser in Jersey for serviced and distributed funds and overall market share, advising on 894 funds and the largest market share by assets. We’ve experienced strong growth in new clients at the same time as continuing to invest in our longstanding client relationships. 2022 has seen a very positive start, indicating an even stronger year ahead for our clients, service providers, the team and Jersey as a whole.”
Monterey Insight is a leading independent fund research company that provides the only comprehensive statistical analysis of service providers for all funds serviced in Jersey, Guernsey, Ireland, Luxembourg and the UK. The company’s research covers around 37,000 funds and its annual reports are considered the reference point for the entire funds industry in each of these five jurisdictions.
