Macfarlanes LLP tackles issues tied to the gamut of open-ended funds structures, with particular expertise in novel LTAFs. On the regulatory front, the team advises on Consumer Duty and the Overseas Funds Regime among an array of others. Practice head Lora Froud is an LTAF expert, having assisted with the design of these structures, with her wider practice encompassing issues tied to fund restructuring and distribution. Alexandra Green advises fund managers and banks on the FCA’s Consumer Duty regulations, MiFID II issues and challenges arising out of Brexit, with Alexandra Cochrane overseeing the establishment of UCITS, NURS and other investment vehicles. Tiffany Cox, who made senior associate in September 2023, is frequently called upon by fund managers looking to launch ESG-focused funds and comply with sustainability disclosure requirements.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team are extremely knowledgeable and provide their advice in a professional and helpful manner. '
  • 'Lora Froud is an exceptional lawyer and always delivers her advice in a positive and helpful manner. She has tremendous experience in the regulated funds and investment management activities, which we find to be of tremendous value. '

Key clients

  • Link Fund Solutions Limited
  • Legal & General Investment Management Limited
  • abrdn Fund Managers Limited
  • Jupiter Unit Trust Managers Limited
  • Waystone Management (UK) Limited
  • Carne Global Fund Managers (UK) Limited
  • Vanguard Investments UK, Limited
  • NatWest Trustee and Depositary Services Limited
  • FundRock Partners Limited
  • JOHCM Funds (UK) Limited
  • Thesis Unit Trust Management Limited
  • Troy Asset Management Limited
  • Lindsell Train Limited
  • Premier Portfolio Managers Limited

Work highlights

  • Advised Link Fund Solutions on the sale of its UK authorised fund management business to Waystone, helping to provide redress for investors in the Woodford Equity Income Fund.
  • Assisted Legal & General Investment Management with various matters for its UK authorised fund range, including the repositioning of its UK property fund.
  • Advised abrdn on the continued rationalisation of its UK authorised fund range.

Lawyers

Hall of Fame
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Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Lora Froud

Other key lawyers

Alexandra Green, Alexandra Cochrane, Emma Garnham, Harry Middleton, Emily Batchelor