Irish domiciled funds reach all time high

In their monthly statistical update the Central Bank of Ireland reported that the value of Irish domiciled investment funds had reached an all high time of EUR 1,008 billion as at the end of November 2011 – an increase of 40% on the assets held in November 2009, from EUR 711bn. Irish funds recorded the highest level of net inflows in Europe in the first half of the year, the report from EFAMA revealed that Ireland saw net inflows of EUR 39bn in the first six months of 2011 – some EUR 7bn more than the next closest domicile. This report from EFAMA also noted that Ireland’s UCITS market s...