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According to the latest research by Monterey Insight, Mourant Ozannes has topped the table as the 'go-to' legal adviser in Jersey's funds industry.
The report shows that the law firm advised on 836 funds in total with an overall value of US$302bn, nearly triple the value of funds advised by its nearest competitor.
Jersey-based Global Head of Funds at Mourant Ozannes, Ben Robins, said: "This year's report evidences continued growth in our market share during a period of market volatility, indicating that Jersey's industry remains healthy and is capable of adapting quickly in uncertain times. Strong workflows from our existing clients and significant new client wins have resulted in an increase in the additional number of funds we advise, up from 817 to 836 funds, net growth greater than any competitor and leading to a further increase in our overall market share to 55%.
"Monterey Insight provides a truly independent assessment of the advisers to Jersey's regulated fund industry. The research underlines the significance of Jersey's fund industry to the island's financial services sector as a whole, and as the leading legal adviser to this market we take our contribution to its success extremely seriously. It's really pleasing to yet again have this role independently verified by Monterey across so many categories in the report.
"The data clearly shows that our funds practice is unrivalled as Jersey's leading law firm for investment funds legal advice, a position that we are proud to have now held for 17 consecutive years."
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