Saturday April 4, 2020

Funds: Surge in net sales of Ucits for Ireland in first quarter

Ireland had net sales of Ucits funds of more than €36 billion euro last quarter as European inflows surged by €130 billion in the biggest three-month rise since 2006.

8th June, 2013

Ireland had net sales of Ucits funds of more than €36 billion euro last quarter as European inflows surged by €130 billion in the biggest three-month rise since 2006.

The new money means more funds being serviced in Dublin's IFSC, which specialises administering Ucits funds - investment products that can be domiciled in one European country but sold across all others.

"The flows represent the fact that markets were strong generally," said Pat Lardner, chief executive...

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