Ireland passes €1 trillion asset milestone

Assets under management in Ireland domiciled funds have increased by 40% over the past two years

Investment funds domiciled in Ireland have surpassed the €1 trillion mark for the first time, cementing the country’s status as an international fund hub despite the difficult economic environment.

The assets of Irish domiciled investment funds stood at just over €1 trillion at the end of November last year - 40% up on the two years prior when assets totalled €711bn, according to the Central Bank of Ireland.

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