New findings from Monterey Insight, the independent fund research company, reveal the market shares of all service providers in the Channel Islands’ funds industry, and Mourant Ozannes has emerged as the clear legal advisor of choice across Jersey and Guernsey combined.
Mourant Ozannes advised nearly 1,200 funds at the end of June 2013, when the research was conducted, more than any other Channel Islands law firm.
Monterey Insight is an independent fund research company that provides comprehensive statistical analysis of the Jersey, Guernsey, Ireland and Luxembourg fund industries: the only complete reference of service providers for all funds serviced in these jurisdictions. For each jurisdiction the fund survey comprises several components that are either static or dynamic in nature. At the core of every work is a cleansed data set that is underpinned by Monterey Insight’s Total Quality Management process.
Ben Robins, Partner and Head of Funds at Mourant Ozannes, said: “Monterey Insight is a benchmark survey because it is truly independent and thoroughly rigorous in its methods. This most recent survey clearly shows that more fund managers turn to Mourant Ozannes for legal advice than any other law firm. The survey also shows that the funds industry in Jersey and Guernsey remains healthy during a period of unprecedented regulatory uncertainty and that is excellent news.”
Karine Pacary, Managing Director of Monterey Insight said: “The research highlights that although private equity/venture capital funds remain a key driver for the Island’s fund industry the large dominance of alternative investment funds by number of sub-funds reflects a more specialist and tailored fund management approach being offered”.
Category: Finance & Business