The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Simmons & Simmons

CITYPOINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9SS, ENGLAND
Tel:
Work +44 20 7628 2020
Fax:
Fax +44 20 7628 2070
DX:
12 LONDON CHANCERY
Email:
Web:
www.simmons-simmons.com

Neil Simmonds

Tel:
Work 020 7825 3151
Email:
Simmons & Simmons

Position

Neil specialises in investment funds (both onshore and offshore) with emphasis on open-ended products including UCITS in Ireland, Luxembourg and the UK as well as hedge funds and funds of hedge funds in the Cayman Islands and other offshore jurisdictions. He also advises extensively on portfolio management agreements and generally on compliance and regulatory issues.

Career

Worked at the Investment Management Association (closely involved in the introduction of OEICs/ ICVCs in the UK and was responsible for the model instrument of incorporation now used extensively by the industry); worked at a City law firm; partner Simmons & Simmons 2003; regularly speaks at conferences and contributes articles on related subjects.


London: Investment fund formation and management

Retail funds

Within: Retail funds

At Simmons & Simmons, Neil Simmonds  advised M&G investments on creating over 35 new sub-funds for its Luxembourg UCITS fleet to ensure that it can manage money for non-EU clients post-Brexit. Mahrie Webb  advised Legg Mason on updates across its ICVC fleet in the UK. Other clients include MAN Group, which Webb advised on launching two new sub-funds, and AQR Capital Management, which Simmonds advised on a roll-out of its Luxembourg UCITS platform into twelve EU jurisdictions. Catherine Weeks, a new partner promotion, acts for a number of heavyweight American names in the sector.

[back to top]


Back to index

Legal Developments by:
Simmons & Simmons

  • Failure to counter financial crime: Norwich Union Life

    In December 2007, the Financial Services Authority (FSA) imposed a fine of £1.26m on Norwich Union Life (part of the Aviva Group), one of the largest life insurance businesses in the UK with around seven million customers. The fine related to failures to take reasonable care to establish and maintain effective systems and controls for countering the risks of financial crime. The fine is the latest confirmation of the emphasis being placed on protecting clients and customers from the threat of financial crime.
    - Simmons & Simmons

Legal Developments in London

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to