Since July 2014, Carey Olsen has advised on 43% of all new funds business in Jersey.

The annual Monterey guide provides an analysis of the primary legal service providers to the funds business in Jersey, providing insight on both the number of funds advised and the total assets under management.

Carey Olsen funds partner James Mulholland said: “The market has spoken. These are outstanding results and undoubtedly show the clear blue water between ourselves and our competitors. They are testament to our team’s hard work and dedication to serving our clients.

“New fund launch statistics are important, as they highlight how busy a funds team really is and is also a bellwether for new promoters coming to Jersey. These results confirm our position as the ‘go to’ funds team in Jersey.”