Funds grow to a record $3.7 trillion

The funds industry in Ireland grew to record levels in the past year, with funds serviced in Ireland rising to almost $3.7 trillion during 2018.

According to statistics compiled by research firm Monterey Insight, assets serviced by the Irish sector increased by 11.7 per cent during the year.

For Irish domiciled funds, as opposed to funds serviced in Ireland, there was also an increase, with the figure topping out at over $2.8 trillion, ...