Best ETF Lawyer in Europe – 2016
Awarded to the best lawyer/law firm to contribute to ETFs through diligent service, and by shepherding new and effective products into the marketplace.
- Maples and Calder
Ireland’s market leader in terms of the total number of funds advised and the total number of new funds set up in 2016 (and each of the past seven years), Maples and Calder is a huge player in the Ireland funds and ETF space. It has steadily increased its market share over each of the past five years, developing a reputation for providing “practical, commercially workable solutions” for clients, according to a nomination paper. Its services cover all aspects of fund development, from developing and structuring financial indices for the UCITS market to cross border master/feeder structuring and much more.
Matheson has a long list of accomplishments in the ETF space, highlighted recently by its guidance regarding BMO’s entry into Europe, Zyfin’s new efforts and Morgan Stanley’s swap based smart beta ETFs. It is currently working with four global asset management houses on the launch of their new European ETF ranges, scheduled for the first half of 2017, and advised on key issues like active ETFs, the Euroclear International Central Securities Depository (“ICSD”) settlement system, and the first ETF authorized in Ireland under the new ICAV system.
- William Fry
William Fry continues to be the firm of choice for significant and complex fund transactions in Ireland, with a large team of eight partners dedicated to advising ETF clients. Remarkably in 2016, firm provided the legal background and support for the first Europewide clearing system for ETFs, new passively hedged share class structures in a number of ETFs and the first active equity ETFs.
Best ETF Custodian in Europe – 2016
Awarded to the best custodian firm to contribute to ETFs through diligent service, efficient back office operations and the ultimate safeguarding of investor capital.
- Bank of New York Mellon
A leading global custodian providing a broad range of services to the ETF industry, Bank of New York Mellon was nominated for providing high quality consultative advice and guidance in the ETF space.
- Brown Brothers Harriman
A global giant in the ETF space, Brown Brothers Harriman won kudos for its close partnering with customers and its extensive thought leadership activities.
- Northern Trust
At the forefront of ETF servicing since it launched the first ETF in Europe in 2000, Northern Trust was nominated for its excellent work facilitating enhanced liquidity across its products.
- State Street
A global leader in ETF custody, State Street is well known and liked for offering a comprehensive array of services.