US fund management giants snap up shares in AIB

The full details of all those who bought shares in the initial public offering last month have not been disclosed

US fund management giants Franklin Resources, Vanguard and BNY Mellon were among the investors who snapped up shares in AIB following the sale of part of the government’s stake in the bank.

The full details of all those who bought shares in the initial public offering last month have not been disclosed, but data on some holdings in the bank published on Bloomberg provides an indication of some of the investors.

According to ...