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Matheson Ormsby Prentice has been named European Advisor of the Year at the prestigious Funds Europe Awards, with the firm emerging ahead of global and pan-European firms to take the prize.

The Award, which was presented to Michael Jackson, Head of the Asset Management and Investment Funds Group at a ceremony in London, reflects the firm's market-leading standing in both the Irish and European funds sector, with MOP the only Irish legal firm either to be shortlisted or win in the awards process.

The other nominees for the Funds Europe Award were global and pan-European firms Ernst & Young, Investit and Kinetic Partners.

Commenting on the award win, Managing Partner, Liam Quirke said: "The primary objective of our firm is to meet the Irish legal needs of international companies and financial institutions doing business in and through Ireland better than any other law firm. This award is especially pleasing because it confirms our position as lawyers of choice within the funds and investment management industry, which is a key market for us and for Ireland."

Matheson Ormsby Prentice has eight partners and over 40 asset management professionals in its Asset Management and Investment Funds Group.

According to the latest market data, the firm's clients now account for over 27% by net asset value of all Irish domiciled funds.

Speaking after the awards ceremony, Michael Jackson, Head of the firm’s Asset Management and Investment Funds Group said:
"While winning awards and topping rankings tables is always pleasing, and evidences our standing within the marketplace, our focus is not on our achievements, but instead on the success and achievements of our clients. We believe that it is this mindset that has underpinned the growth of our funds practice, and will continue to drive us forward in the future."