Over the past decade, Ireland has become one of a select number of key locations in the world where fund promoters establish, launch and service investment funds.
The range and flexibility of the legal structures which are available has facilitated the growth of fund families aimed at investors with a wide selection of investment criteria in multiple jurisdictions.
Managers and Promoters are drawn to Ireland because of the existence of a highly competitive marketplace for service provision. Over 380 fund promoters have Irish domiciled funds as part of their distribution strategy, including many of the world's most significant players.
The industry also enjoys a reputation as a centre of excellence in providing services to investment vehicles domiciled in other jurisdictions (where the domicile of origin allows for external service providers).