Ireland
Value of funds under management in Ireland set to top €2trn
The net value of investment funds domiciled in Ireland is set to top €2trn (£1.45trn, $2.25trn) after a 14% rise of €234bn in the first quarter of 2015, Irish Funds Industry Association chief executive Pat Lardner said.
No Irish RDR timetable needed
It is easier to manage money in a framework you know rather than in a possible framework that might be imposed at some point in the future. Perhaps. So how are the more sophisticated of Ireland’s wealth managers coping with the spectre of RDR looming? Perhaps…
Stenham launches second UCITS fund
Hedge fund investment specialist, Stenham Asset Management, has unveiled a UCITS-compliant macro fund of funds.
Canada Life acquires Legal General Intl
Canada Life Group is to purchase Legal & General International to complement its existing offshore businesses in both the Isle of Man and Dublin.