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Ireland has long been recognised as the European domicile of choice for fund managers establishing regulated investment products. Ireland’s investment funds industry has grown at a phenomenal rate in recent years, with over €709 billion in fund assets domiciled in Ireland, up 21 per cent in the first 10 months of 2006.
The industry in Ireland is now servicing over €1.3 trillion in fund assets, with substantial growth potential.
The Financial Regulator in Ireland has demonstrated an informed and pragmatic approach to the regulation of investment funds and the partnership approach enjoyed by the industry in working with the Financial Regulator has led to the development of a wide range of product opportunities reflecting the diverse requirements of the global market place, from traditional retail funds to all the institutional type funds.
Irish service providers have in-depth experience in servicing long only and traditional money market funds as well as a proven expertise in servicing the more esoteric fund types including hedge, private equity and property fund structures.
Ireland’s reputation as a domicile of choice has been driven by the enormous wealth of expertise that spans across the entire service provider community including firms providing back and middle office support, investment managers, lawyers, auditors, the Irish Stock Exchange and other industry specialists.
The industry companies have been continuously developing and evolving their business models ensuring they meet the requirements and deliver a quality service to the entire spectrum of funds serviced in Ireland.
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