Ireland’s funds and asset management industry surpasses EUR4.3trn AuM
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net assets year-on-year. The Irish Funds Industry Association writes that the increase reflects continued growth across a range of fund types and strategies, including Ireland’s thriving ETF offering which currently stands at EUR1.24 trillion AuM, 70 per cent of the European market.