Legal & General's investment management arm will shift parts of its operations to Dublin, further cementing the credentials of the Irish capital as an alternative to London post-Brexit.

It is the latest victory for Dublin in the wake of the UK's vote for Brexit. US giant JP Morgan said earlier this month that it had acquired a 130,000 square foot office building in Dublin to house the 500 staff it employs in custody, fund services, transaction services and technology and operations roles in the Irish city.