Department profile
CMS

Investment Funds: Open-ended Funds

UK Guide 2026 : UK-wide

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CMS

Rankings

Chambers Review

Provided by Chambers

Investment Funds: Open-ended Funds - UK-wide

Band 2

What the Team is Known For
CMS has a strong real estate funds practice that is regularly called upon by its international client base to advise on high-profile fundraisings and investments. CMS also has an impressive offering in terms of authorised and retail funds as well as quoted investment trusts. Complex secondary offerings, IPOs and other securities work form the basis of the listed funds practice, and fund mergers and formation and UCITS advice comprise the group's open-ended offering. The team maintains longstanding relationships with leading asset managers, particularly those based in Scotland, and continues to advise them on a number of investment fund products. The funds group is also able to draw on expertise from its international offices to assist in cross-border work.
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Strengths

Provided by Chambers

  • CMS has excellent industry knowledge, a deep understanding of their clients' individual preferences and excellent partner availability.

    Investment Funds: Open-ended Funds respondentUK

  • CMS has that broader knowledge and are well known as a firm with deep expertise.

    Investment Funds: Open-ended Funds respondentUK

  • They are a very responsive and helpful team and respond appropriately on different matters.

    Investment Funds: Open-ended Funds respondentUK

  • CMS has deep industry and market knowledge and a very accessible manner of delivery. The team uses all expertise in order to deliver insightful advice and solutions.

    Investment Funds: Open-ended Funds respondentUK

Notable Practitioners

Provided by Chambers

  • Karagh Gilliatt
    Karagh Gilliatt

    Karagh Gilliatt

    Karagh Gilliatt specialises in acting for asset management firms and investment banks on open-ended fund matters. She is valued for her deep knowledge of the Scottish market.

    • Karagh is a first-class adviser who is commercial, pragmatic and solutions-oriented.

      Investment Funds: Open-ended Funds respondentUK

    • Karagh is our funds lawyer of choice.

      Investment Funds: Open-ended Funds respondentUK

    • Karagh has deep industry knowledge.

      Investment Funds: Open-ended Funds respondentUK

    • Karagh is an excellent lawyer who really knows her way around this industry. Her expertise and knowledge shines through.

      Investment Funds: Open-ended Funds respondentUK
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  • Laura Houët
    Laura Houët

    Laura Houët

    Laura Houët provides fund formation, structuring and regulatory advice to asset managers. She has experience advising clients on ESG-focused funds.

    • Laura has a deep understanding of the market and translates it into legal terms. She's very commercial and knowledgeable.

      Investment Funds: Open-ended Funds respondentUK

    • Laura is very driven in delivering appropriate commercial advice.

      Investment Funds: Open-ended Funds respondentUK
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Ranked Individuals at CMS (2)

UK-wide

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