Brexit sees $1bn asset manager Rubrics move to Irish market

21st July, 2019

Rubrics, a $1 billion fixed income asset manager, has moved a substantial part of its operations to Ireland as a result of Brexit.

Steve O’Hanlon, chief investment officer at Rubrics, said that as the firm had previously domiciled funds in Ireland it was logical to shift its trading and management functions to a Dublin office.

O’Hanlon said it was clear after the referendum to leave the EU in 2016 that continental clients wanted certainty...

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