Mourant retains top spot as Jersey's leading legal adviser to investment funds

Mourant, a law firm-led professional services business, has once again secured its position as top legal adviser to investment funds in Jersey according to the 2024 Monterey Fund Report.

The report is published annually by Monterey Insight, an independent fund research company, and provides a comprehensive statistical analysis of all funds domiciled, serviced or distributed in Jersey.

This year's findings highlight Mourant’s continued market leadership, with the firm achieving the highest combined market share by assets and number of funds advised among all legal advisers in Jersey.

Mourant’s market share stands at an impressive 41.3 per cent by assets and 32.6 per cent by the number of funds. Notably, the firm advised on a total of 1,114 funds, a net increase of 125 funds, accounting for 48.8 per cent of new funds featured in the report. This increase reflects significant strength in the market and showcases Mourant's continued leadership and expansion within the funds sector.

Mourant’s total assets under advice soared to US$555.17 billion, almost double that of any other legal adviser. This growth accounted for over 56.7 per cent of the total increase in assets advised across the market for the year.

Joel Hernandez, Head of the Mourant Jersey Investment Funds team, commented:

"We are delighted to have maintained our position as the overall leading funds adviser in Jersey for yet another year. The report illustrates our firm's strong growth in 2024 and reaffirms our commitment to delivering excellence in this highly competitive and dynamic market."

Global Head of the Mourant Funds practice, Ben Robins, added:

"It has been a particularly strong year for our Jersey Funds team, as reflected in this latest Monterey Fund Report. We remain committed to delivering exceptional service to our clients and deeply value the trust they place in us as their preferred legal adviser."