Thursday July 16, 2020

Abbey Capital paid out €16m to shareholders in 2019

Multibillion-euro hedge fund founded by former AIB executive Tony Gannon has paid out nearly €145m in dividends over last seven years

Barry J Whyte

Chief Feature Writer

24th May, 2020
Abbey Capital was set up in 2000 by Tony Gannon (above) and Tim Brosnan

Abbey Capital, the multibillion-euro hedge fund founded by former AIB executive Tony Gannon, paid out €16 million in dividends to its shareholders last year.

It brings to nearly €145 million the amount Abbey has paid out in dividends in the last seven years, accounts show.

Abbey Capital was set up in 2000 by Gannon and Tim Brosnan, a former civil servant turned banker, and is a specialist in investing in futures on behalf of its clients.

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