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Expertise 

Philip is a partner in the Asset Management Department and has been with Matheson for eighteen years. He specialises in advising on the establishment and operation of investment funds in Ireland.

Philip’s experience includes advising leading international financial institutions and asset management companies on structuring and offering fund products in Ireland and particularly in relation to exchange traded funds, innovative and complex products authorised as UCITS and emerging markets products.

Philip is the vice chair of the Irish Funds ETF Working Group and the Irish industry’s representative on the EFAMA ETF Task Force. He specialises in advising managers on bringing innovative ETFs to market, including smart beta, actively managed, multi asset and emerging market funds and, more generally, on complex funds which are structured using the full range of flexibilities available under the UCITS regime. He has also advised extensively on the establishment of hedge funds and alternative investment products and in relation listing Irish and foreign domiciled investment funds on the Irish Stock Exchange. He has advised clients and participated in the Irish fund industry’s implementation of the AIFMD and UCITS V and is currently advising many institutional and smaller managers on the implementation of the European Commission’s Climate Action Plan for investment funds and asset managers.

Philip is one of Matheson’s Diversity and Inclusion Ambassadors and the vice chair of the firm’s Mindful Business Charter committee.


Experience Highlights
  • Advising on the establishment and authorisation of complex, structured products within the UCITS framework

  • Advising on the establishment and operation of major ETF platforms

  • Advising on the establishment of investment funds with sustainable investment an carbon reduction objectives and on funds tracking Paris-Aligned and carbon transition benchmarks

  • Advising on the establishment and restructuring of fund platforms for compliance with the Alternative Investment Fund Managers Directive

  • Advising on the use of multi-manager fund platforms and negotiating related commercial agreements

  • Advising on UCITS products which give investors indirect exposure to commodity markets, loan markets and emerging markets

  • Advising on the establishment of Irish funds accessing the China A Share market, including advising on QFII and RQFII options

  • Advising on the use of derivative instruments for investment purposes at a share class level within UCITS

  • Advising on the re-structuring of an Irish unit trust to provide a more tax-efficient investment for investors

  • Advising on the launch of Irish Shariah investment funds.

  • Advising on the acquisition of Irish-based fund servicing businesses

  • Advising on listing Irish, Cayman and Jersey domiciled hedge funds on Euronext Dublin

 

Accolades

Philip Lovegrove is noted as Up and Coming.
Investment Funds: Chambers Europe 2020

Philip Lovegrove is recommended.
European Legal 500 2020

Philip Lovegrove is recommended.
European Legal 500 2019

Philip Lovegrove is recommended.
European Legal 500 2017

Education

Qualified as a solicitor in Ireland

Trinity College Dublin (Bachelor Hons, Law and German)

Sustainable Finance Update – Recent Investment Funds Related Developments

Jul 16, 2020, 11:17 AM
Despite disruption to work programmes wrought by the COVID-19 pandemic, the EU institutions are pressing ahead with sustainable finance initiatives as a priority and there has been a number of significant developments in the past quarter.
Title : Sustainable Finance Update – Recent Investment Funds Related Developments
Filter services i ds : 2a38ca71-e8ab-4081-ab29-0b4d1a0899b1;
Engagement Time : 6
Insight Type : Article
Insight Date : Jul 14, 2020, 12:00 PM
Despite disruption to work programmes wrought by the COVID-19 pandemic, the EU institutions are pressing ahead with sustainable finance initiatives as a priority and there has been a number of significant developments in the past quarter. These include the adoption by the Council of the EU and the European Parliament of the Taxonomy Regulation, the European Supervisory Authorities’ consultation on regulatory technical standards under the Sustainable Finance Disclosures Regulation and the publication by the European Commission of Level 2 measures under the UCITS Directive and the AIFMD addressing the integration of sustainability factors
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