Investing
New figures show Irish funds industry shrinks to $5.1tn
Monterey Insight, the independent fund research company also reported that the value of funds managed directly in Ireland dropped by 12.1 per cent
The total value of the Irish funds industry shrank to $5.1 trillion in 2022, as the value of funds managed directly here fell by 12.1 per cent, new data shows.
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.
The value of assets managed by funds domiciled in Ireland fell from $4.24 trillion in 2021 ...