Goldman Sachs Asset Management is the largest fund promoter in Dublin, increasing assets under management from $12bn (€13.2bn) to $17.2bn over the past year, according to research from Fitzrovia International.

Five years ago, Goldman Sachs was ranked 25th among promoters of Dublin-domiciled funds with $500m of assets. Last year it tied for second place with Barclays, but Deutsche Asset Management was the largest fund manager.