New markets are crucial for Irish funds industry

Ireland must look to new markets in order to maintain its position as one of the leading international locations for funds, the IFIA's new chief executive has said.

19th May, 2012
Pat Lardner, chief executive, IFIA: "The opportunity is huge."

Ireland must look to new markets in order to maintain its position as one of the leading international locations for funds, according to the newly appointed chief executive of the Irish Funds Industry Association (IFIA).

Ireland is the fastest growing UCITS (undertakings for collective investment in transferable securities) domicile in the world and experienced the highest net inflows of UCITS of all fund domiciles in 2011, according to recent figures from European Fund Asset Management...

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