Number of authorised funds jumps since Brexit vote in 2016

The number of investment funds authorised by the Central Bank has grown substantially since the Brexit vote in 2016, indicating the Irish funds sector is benefiting from Brexit.

In 2015, the year before the Brexit vote, over 290 funds were authorised by the Central Bank of Ireland. In 2017, the year after the vote, that number climbed to at least 340 authorisations, while there was another jump in 2018 to over 470 registrations. ...