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

A 28.1 per cent growth in the size of Irish-domiciled funds was partly responsible for the amount of money managed by firms in the Irish funds industry growing to $5.7 trillion. Picture: Getty

The amount of money managed by firms in the Irish funds industry grew to $5.7 trillion in 2021, driven in part by a 28.1 per cent growth in the size of Irish-domiciled funds from $3.3 trillion to $4.2 trillion.

The figures were compiled by Monterey Insight, an independent fund research company, which measures the value of funds domiciled in Ireland as well as foreign-domiciled funds administered in Ireland.

According to Monterey’s figures, funds domiciled in ...