Funds | Business Post

Shock as Waystone removes entire Dublin executive team

Waystone, which serves clients with $2 trillion under management, has removed its entire senior team in a move that has surprised staff

Aztec Group creates 30 jobs with new Kilkenny hub

The fund administrator has established a new centre in the city in a project supported by the IDA

New figures show Irish funds industry shrinks to $5.1tn

Monterey Insight, the independent fund research company also reported that the value of funds managed directly in Ireland dropped by 12.1 per cent

Apex Group to acquire Bank of America’s Irish depositary arm

Depository business provides services to client assets worth $71.4 billion

Bedsit investors make a 200% return flipping properties to investment fund

Nassarius Capital acquired 24 houses divided up into bedsits in Ireland last year for €50.6m

Housing minister keeps ‘all options’ open on winter eviction ban

Darragh O’Brien says he still has concerns about the possible impact of a veto on property rights ‘which are constitutionally protected’

Money managed by Irish funds industry hits $5.7 trillion mark

Total for 2021 includes funds domiciled in Ireland as well as foreign-domiciled funds administered here

Third-party funding ‘would not encourage ambulance-chasers’

Allowing third parties to cover costs would empower less well-off claimants to take cases, legal experts say

Central Bank: Ireland could face property ‘fire sale’

New report cites a need to explore possible policy interventions for indebted funds that hold €13.6 billion worth of real estate

Bulk-buying funds who lease to state are exempt from new 10% stamp duty

Amendment to bill facilitates bulk-buying and renting to local authorities by institutional investors, despite Eurostat warning

Irish funds industry hits record high of $4.2 trillion, new data shows

Figures compiled by Monterey Insight, an independent fund research company, show the value of Irish-domiciled funds grew by 10.4 per cent to a market size of just over $3.3 trillion.

In uncharted waters: adjusting to the new post-Brexit reality

From fishing to farming to financial services, numerous industries were watching the pre-Christmas Brexit negotiations with bated breath. What does the future now hold for them?