Maples and Calder Acknowledged as Best ETF Law Firm in Europe
Leading international law firm, Maples and Calder, recently won the "Best ETF Law Firm in Europe" award at the 2016 ETF.com Europe Awards. The ETF accolade is awarded to the best lawyer or law firm to contribute to ETFs through diligent service, and by shepherding new and effective products into the marketplace.
ETF.com noted that "Maples and Calder is a huge player in the Ireland funds and ETF space."
Commenting on the win, Partner and Head of Investment Funds in Ireland, Peter Stapleton said: "We are delighted to accept this award which recognises the expertise of our Dublin-based investment funds lawyers across a broad legal, regulatory and tax framework affecting ETFs. The award is also a testament to the success of many of the world's leading ETF providers who constantly challenge us to provide innovative and effective legal solutions to benefit their investors. We are proud to represent these clients."
According to the Monterey Ireland Fund Report 2016, Maples and Calder is the acknowledged market leader in the establishment of new Irish domiciled funds in Ireland with a 27% share of new business. In addition, Maples and Calder is the leading ICAV legal adviser with approximately 32% market share for all ICAV funds authorised by the Central Bank of Ireland, with a pivotal role at the very forefront of the Irish funds industry.
The ETF.com Europe Awards are designed to recognise the people, products and firms that are driving the ETF industry forward and creating better outcomes for investors. Winners were selected by a majority vote from the ETF.com Europe Awards selection committee, a group of independent ETF experts from throughout the ETF community.
According to Irishfunds.ie Ireland accounts for about 56% of all European ETFs and in 2016 Irish ETFs had over €40 billon of net sales, more than 13 times the net sales of the next highest.