Major investment manager reduces Bank of Ireland stake

One of the world's largest investment management organisations has reduced its stake in Bank of Ireland in recent days.

5th November, 2013
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One of the world's largest investment management organisations has reduced its stake in Bank of Ireland in recent days.

A stock exchange filing shows that the Capital Group of companies sold over 80 million of its shares to reduced its stake in the bank to just below 9 per cent. The transaction means that the group now owns 2.699 billion shares, down from 2.78 billion, leaving its stake at 9.958 per cent.

Capital also exercises the Bank of Ireland voting...

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