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Retail Funds

Saturday, 17 August 2019

We act for clients on both the establishment of UCITS funds and on a broad range of regulatory, marketing, distribution, investment and operational issues arising for clients operating retail, regulated funds.


Image for Aaron Stocks

Head of Investment Funds

Aaron Stocks

Email Aaron
+44 (0)20 7295 3319

Aaron heads our dedicated team of asset management and fund formation lawyers. He is a specialist in listed fund and shareholder activism work and chairs the legal and regulatory committee of LPeC, the trade body for listed private capital vehicles.

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We advise clients on the most appropriate structure for their business, handle all aspects of fund formation including the authorisation process with the UK regulator (for both the fund and the operator), the investment management and advisory agreements, the depositary or trustee agreement and agreements with other third party service providers.  We also advise clients on marketing and distribution arrangements, platform services, tax wrappers such as ISAs and Junior ISAs.

We provide wide ranging advice on all regulatory matters associated with operating and managing UCITS funds.

Our team is characterised by its commercial, proactive approach and in depth knowledge of the UK retail funds sector.

Recent experience includes:

  • establishment of the Fundsmith Equity Fund
  • advising on the creation of a UCITS master-feeder structure and the utilisation of the UCITS management company passport
  • advising on a change in the fund hosting service provider for a management group
  • advising clients on UCITS IV and the implications for their businesses

Winner, The Lawyer Awards 2018  and 2019 – Funds Team of the Year

Winner, Unquote British Private Equity Awards 2017 and 2018 – Law Firm of the Year/Fund Structuring