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.
- 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.
Philip Lovegrove "is a creative thinker and has a strong sense of the pragmatic results we need to achieve."
Investment Funds: Chambers Global & Europe 2021
Philip Lovegrove is recommended
Investment Funds: The European Legal 500 2021
Philip Lovegrove and his team are "very knowledgeable" and "a pleasure to deal with"
Investment Funds: The European Legal 500 2021
Philip Lovegrove is noted as Up and Coming.
Investment Funds: Chambers Global & Europe 2020
Philip Lovegrove is recommended.
Investment Funds: The European Legal 500 2020
Philip Lovegrove is recommended.
Investment Funds: The European Legal 500 2019
Philip Lovegrove is recommended.
Investment Funds: The European Legal 500 2017
Qualified as a solicitor in Ireland
Trinity College Dublin (Bachelor Hons, Law and German)