1. finance
2. investing
3. funds
4. mutual funds

Why?Ireland
Ireland knows Investment Funds
inVesTMenT funds
Why Ireland?
Page 1
uCiTs
alTernaTiVe inVesTMenTs
ireland
Why? Ireland for funds
– the facts
The Investment Funds Industry in Ireland
47 Administration Companies
Irish Domiciled Funds:
Breakdown by type
19 Trustee/Custodian Banks
over 9,000 people employed
Lawyers
Accountants
Listing
Brokers
Over 2,000
directly
employed
Irish Investment
Funds Industry
11,151 total funds
(4,893 Irish domiciled,
6,253non-domiciled)
852 Fund
Promoters
(388 promoters of
Irish domiciled funds)
Hedge 58BN
E987 billion
domiciled AUA
E1.8 trillion
total AUA
Over 11,000 people
employed
Distribution to over
70 countries
Money Market 345BN
Source: Central Bank of
Ireland, Lipper Ireland Fund
Encyclopaedia and IFIA
(Net assets and number of
funds valid as of May 2011 for
Irish domiciled funds and as
of Quarter 1, 2011 for nondomiciled funds)
Headline stats
»»Employs close to 12,000 professionals directly
»»UCITS distribution to more than 70 countries worldwide
»»Irish fund administrators service assets from almost 170 countries
»»Assets under administration by the industry in Ireland are at an all time high of
EUR 1.8 trillion at the end of 2010 – up from EUR 1.4 trillion at the end of 2009
»»The net asset value of all Irish domiciled funds reached an all time high of EUR 963
billion at year end 2010 – up nearly a third (29 per cent) on the same time last year
from EUR 749 billion at year end 2009
»»During the year some 70 new fund promoters launched Irish funds (Lipper)
»»Created more than 400 jobs during 2010
»»Expected to create some 1,600 jobs by the end of 2011
View latest Irish funds industry statistics at www.irishfunds.ie/statistics
Mixed 77BN
Equities 265BN
Other 39BN
Bonds 169BN
Source: Central Bank of Ireland,
Quarter 1, 2011
Did you know that?
»»Ireland is the European domicile of choice for
»»Ireland is a major and growing centre for
internationally distributed UCITS.
UCITS account for almost 80% of Irish domiciled
assets and Irish UCITS are distributed in over 70
countries around the world. (Sources: Central Bank of
Ireland and analysis of IFIA and Lipper data, 2010)
»»Ireland is the largest hedge fund administration
centre in the world.
Ireland services alternative investment assets
representing approximately 40% of global and 63% of
European hedge fund assets. (Source: analysis of HFM
Week Survey April 2011 and HFR survey, 2010)
»»Ireland is an internationally recognised, open and
tax efficient jurisdiction with the lowest headline
corporate tax rate in the OECD.
With 12.5% corporate tax and no taxes on funds or
investors, Ireland has a favourable tax environment
»»Ireland is a leading European domicile for exchange
traded funds.
Irish domiciled ETFs represent approximately 32% of
the total European ETF market. (Source:
Blackrock ETF Landscape, 2010)
»»Ireland is a leading European domicile for money
market funds.
Irish domiciled money market funds hold assets in
excess of EUR 358 billion making Ireland a prime
location for global money market funds. (Source:
Central Bank of Ireland, May 2011)
»»Ireland has the largest number
of stock exchange listed investment funds.
With over 3,000 funds and sub-funds listed, the ISE is
recognised worldwide as the leading centre for listing
investment funds. (Source: Irish Stock Exchange, 2010)
»»Ireland was the first regulated jurisdiction to provide
a regulatory framework specifically for the alternative
investment fund industry
»»The Irish funds industry created more than 400 jobs
in 2010 and is expected to created close to 1,000 new
jobs by the end of 2011.
Reach
»»388 fund promoters from over 50 countries use
Ireland to distribute UCITS and other funds to over 70
countries across the globe.
»»Ireland’s fund industry supports a total of 852
promoters across both domiciled and non-domiciled
funds.
»»Almost all of the world’s major fund service providers
have a presence in Ireland.
»»Ireland is a member of the EU, eurozone, OECD,
FATF and IOSCO and is an internationally recognised
jurisdiction.
»»Ireland does not operate banking secrecy and was
the only international funds centre to appear on
the original OECD white list of countries that are in
compliance with internationally agreed tax standards.
»»With a continuously expanding tax treaty network
including over 60 countries, Ireland has one of the
Why Ireland?
Page 3
most developed and favourable tax treaty networks in
the world.
»»Ireland has signed bilateral Memoranda of
Understanding with 19 jurisdictions including China,
Dubai, Hong Kong, Isle of Man, Jersey, South Africa,
Switzerland, Taiwan, UAE and USA and cooperates
with all EU Member states through the EU legislative
framework.
»»With over 3,000 funds and sub-funds listed on the
Irish Stock Exchange, Ireland is recognised worldwide
as the leading centre for listing investment funds.
»»Nearly 30 languages are supported in the Irish funds
industry and with 10% of Ireland’s resident population
coming from abroad, the Irish funds industry has
access to a workforce which includes many native
speakers of European and Asian languages.
whY? ireland for funds
cross-border fund distribution.
Between 2001 and 2010, Ireland increased its
proportion of European cross-border assets by 489%,
accounting for over 30% of the European cross-border
market. European cross-border assets grew by 248%
over the same period.
(Source: Lipper FMI, 2011)
that ensures the best outcome for the fund and the
investor.
Why?Ireland for
funds – the facts
The most favourable tax environment
for investment funds
» Through a consistent competitiveness policy, the Irish tax
environment enables the best outcome for the
fund and the investor.
» Investment funds are not subject to any fund tax
» There are no Irish taxes on income or gains made by non-Irish
resident/ordinarily resident investors on their investment fund
holdings
» No annual subscription tax for funds
» No wealth tax for funds or their investors
» No gift or inheritance tax applicable to fund units gifted/
inherited where non Irish parties are involved
» No stamp duty on fund units
» VAT exemptions generally result in no Irish VAT for various service
providers’ fees including; management, custody/trustee services,
investment management, distribution and administration
» Ireland has fully implemented the EU Taxation of Savings
Directive (EUSD) – Ireland is not obliged to levy a withholding
tax on the relevant interest payments
» Ireland’s corporate tax rate of 12.5% is one of the lowest in
Europe and positions Ireland well with respect
to UCITS IV pan-European management companies
» Ireland has an extensive tax treaty network with 60 countries,
including all major EU, Asian, Middle East and OECD jurisdictions.
As Ireland is a respected tax jurisdiction, new double taxation
agreements are continuously being negotiated
» Irish funds have access to the US double taxation treaty in a
number of scenarios, including where the fund is actively traded
– this is a considerable advantage for Irish exchange traded funds
Ireland’s Central Bank is respected for the
firmness and clarity of its regulation but also
for its approachability and willingness to show
flexibility where it is allowed to within the European
regulatory framework on matters of form rather
than substance.
Japanese Asset Manager who established a UCITS in Ireland and migrated
other funds to the Irish structure
1
Irish Administered Alternative
Investment Funds
total estimated Irish administered AIF
assets = Eur 848 Bn
Rest of world
58%
Ireland
42%
Source: HFM Week Survey & IFIA, April 2010
Experience
For more than 20 years Ireland has been a leading regulated domicile for
internationally distributed investment funds, dealing with the widest range
of fund types from traditional ‘long only’ to more complex fund structures.
International fund promoters are attracted to Ireland due to its open,
transparent and well regulated investment environment, its strong emphasis
on investor protection, its efficient tax structure and dynamic and innovative
business culture.
2
Expertise
With close to 12,000 professionals employed exclusively in the servicing of
investments, the Irish funds industry has developed a centre of excellence that
drives innovation and thought leadership. Irish expertise spans a wide range of
services including fund administration, transfer agency, custody, legal, tax and
audit services, stock exchange listing, compliance and consultancy services.
3
Thought Leadership
Irish service providers are recognised for their professionalism, responsiveness
and client focussed service, which defines Ireland as the international
investment fund centre of choice.
In terms of UCITS Irish funds recorded the highest
level of net inflows in Europe in the first half of the
year, according to the latest EFAMA statistics. Over
40 per cent of global hedge fund assets are serviced
in Ireland…
Why Ireland?
Page 5
whY? ireland for funds
Why?Ireland for funds –
the centre of excellence for
investment funds
Thought leadership is the cornerstone on which the industry is built,
evidenced by the important contribution Ireland makes to developing
international industry practices. The Irish funds industry plays a key role in
leading and responding to regulatory developments at EU and national level,
including for example intensive engagement with all the relevant parties to
have the more problematic requirements of the European Directives addressed
to be more pragmatic and appropriate.
Moreover, the Irish Funds Industry Association (IFIA), in conjunction with
the Alternative Investment Management Association (AIMA) has published
a revised Guide to Sound Practices for Hedge Fund Administrators. The
publication provides guidance to hedge funds, investors and other service
providers as to how sound practice has emerged in the field of hedge fund
administration and valuation.
Most notably, in the area of valuations, the revised Guide represents
a significant step forward in providing a road-map to both industry
professionals and investors in recommending governance, control and risk
mitigation processes.1
4
Innovation
The Irish funds industry recognises that technology is key to effectively
satisfying increasing regulatory, reporting and efficiency demands. With a
total automation rate of 86 per cent, Ireland is leading the drive for greater
efficiencies through fund processing standardisation.
The Irish industry has identified an opportunity for greater automation, improved
governance and control, mitigation of operational risk and global thought
leadership through the automation and standardisation of certain processes
within the industry. Led by industry representatives, the extension of the existing
functionality around SWIFT SHARP messaging to the hedge funds space to
create improved data communications and standardisation of fund metrics will
reduce risk and improve efficiency. Specifically, SWIFT SHARP will automate
data flows between custodians and transfer agents, and other institutions and
intermediaries, using existing messaging frameworks in the area of fund of hedge
fund trading, order execution and confirmation.
5
Regulatory Excellence
The Irish regulatory environment for investment funds is founded on the
principles of openness, transparency and investor protection. Ireland has an
excellent reputation as a location for robust and efficient regulation, which
facilitates market and product developments while protecting investor
interests. The Central Bank’s rules on counterparty risk and prospectus
disclosure are considered prudent and the Irish regulatory framework provides
for independent, regulated administration and trustee/custodian functions.
Pre-authorisation is required for all Irish domiciled funds and their promoters with
the requirement for independent resident directors providing further protection of
1 A copy of the Guide to Sound Practices for Hedge Fund Administrators is available at
http://www.irishfunds.ie/ news_guide_to_sound_practices_hedge_fund_administrators.
htm
investor interests. Furthermore, the Central Bank takes a pro-active, constructive
approach to regulating the environment for investment funds and regularly
engages with the industry to find regulatory solutions that allow for new market
and product developments.
6
whY? ireland for funds
The Central Bank with significant expertise and experience has clear processes
and certain timeframes for fund and promoter approvals – timeframes which
it continuously meets and often exceeds. Typically, an investment fund can be
authorised in six to eight weeks. The Central Bank operates an ‘open door’ policy
and is willing to meet with fund promoters and work through practical solutions.
Tax Efficiency
Ireland offers a highly efficient, clear and certain tax environment for
investment funds. Irish investment funds are exempt from Irish tax on their
income and gains, irrespective of where their investors are resident. No
withholding taxes apply on income distributions and redemption payments
made by an Irish fund to non-Irish resident investors. Depending on the tax
status of an investor in their home jurisdiction (for example, a tax exempt
pension fund) an Irish fund can also be structured as a tax transparent
vehicle resulting in the retention of the tax benefits (e.g. reduced
withholding taxes) enjoyed by investors through direct ownership. An Irish
Qualifying Investor Fund (QIF) may also hold investments through Special
Purpose Vehicles (SPVs) to improve tax efficiencies. Furthermore, Ireland has
an extensive and growing network of double taxation treaties with nearly
sixty countries, providing access to favourable tax reclaim rates.
7
International Reach and Recognition
Ireland is a major hub for cross-border fund distribution and Irish funds are
sold in 70 countries across Europe, the Americas, Asia and the Pacific, the
Middle East and Africa. Moreover, a total of 388 fund promoters from over 50
countries have chosen Ireland as a domicile for their investment funds.2 When
including non-Irish domiciled funds administered in Ireland there are over 852
fund promoters who have chosen Ireland to domicile and/or service their funds.
Furthermore, the Irish Stock Exchange is the leading stock exchange globally
for the listing of investment funds.
Ireland is an internationally recognised jurisdiction with membership of the EU,
Eurozone, OECD, FATF and IOSCO. Ireland does not operate a banking secrecy
regime and with openness, transparency and regulation as the pillars of the
industry, Ireland leads the global industry in compliance with internationally agreed
tax standards, further evidenced by volunteering for a peer review by the G20 and
OECD countries. Ireland cooperates with all EU states on the basis of the European
directives and has signed Memoranda of Understanding with China, Dubai, Hong
Kong, Isle of Man, Jersey, South Africa, Switzerland, Taiwan and the USA.
Ireland is a modern, international, open economy where business is conducted
with Asia in the morning, the Americas in the afternoon and Europe throughout
the day. Almost all of the world’s major fund service providers have a presence
in Ireland, combining local excellence with global reach.
2
Source: Lipper Ireland Fund Encyclopaedia 2010
Why Ireland?
Page 7
Wherever
your fund is
domiciled,
it can be
serviced out of
Ireland.
Who is already here
from Asia Pacific?
62 Promoters in Asia with funds either domiciled or serviced in
Ireland:
OrigCode
Promoter
Australia
Armytage AAM
Hong Kong
Sofaer Capital
Japan
Australia
Coastal Capital
Hong Kong
Tribridge Investment Partners
Japan
T&D Asset Management
Australia
CP2
Hong Kong
Vanheel Management
Japan
Tokio Marine Asset Management
Australia
First State Investments
Hong Kong
Ward Ferry Management
Japan
Vivace Capital Management
Australia
Hunter Hall Investment Management
India
Chatterjee Group, The
Japan
Yuki Asset Management
Australia
IPAC Portfolio Management
India
Legatum
Korea
Samsung Life Insurance
Australia
Macquarie Group
Japan
Asashi Life
Mauritius
Grenfell Fund Managers
Australia
Maple-Brown Abbott
Japan
Astmax Asset Management
Singapore
APS Asset Management
Australia
Perennial Investment Partners
Japan
Daiwa Securities
Singapore
CRA Management
Australia
QIC
Japan
FunneX Asset Management
Singapore
Ichi Investment
Australia
Symphony Financial Partners
Treasury Group
Japan
HC Asset Management
Singapore
Novatera Capital
Bosera Asset Management
Japan
Mitsubishi UFJ Financial Group
Singapore
Quest Management
Hong Kong
ADM Capital
Japan
Nikko Cordial
Singapore
Shidan Capital
Hong Kong
GaveKal Capital
Japan
Nippon Life Insurance Company
Singapore
SPF Value Realization
Hong Kong
Grace Financial
Japan
Nissay Asset Management
Singapore
Tantallon Capital
Hong Kong
Hamon Investment Management
Japan
Nomura
Singapore
UMJ
Hong Kong
Isometric Capital Management
Japan
Orix
Singapore
United Overseas Bank (UOB)
Hong Kong
Kaisen Capital
Japan
Plaza Asset Management
Sri Lanka
Guardian Fund Management
Hong Kong
LimeTree Capital Partners
Japan
Shinsei Bank
Hong Kong Matchpoint Investment Management
Japan
SPARX Asset Management
Total NAV in excess of ¤30 billion
Hong Kong
North of South Capital
Japan
Stats Investment Management
Hong Kong
Pacific Sun Invesment Management
Japan
Sumitomo Trust & Banking
China
Details of Irish funds registered for sale
in Asia Pacific region:
Asia-Pacific Region
Fund Country of Sale Total No. of Cross-border Registrations
1
Australia
29
2
Hong Kong
300
3
India
13
4
Indonesia
13
5
Japan
38
6
Macau
141
7
Malaysia
13
8
New Zealand
13
9
Philippines
13
10
Singapore
379
11
South Korea
13
12
Taiwan
166
13
Thailand
12
Grand Total
1143
Irish funds recorded the highest level of net inflows in Europe in the first half
of the year, according to the latest EFAMA statistics. The quarterly report
revealed that Ireland saw net inflows of EUR 39 billion in the first six months
of 2011 – some EUR 7 billion more than the next closest domicile.
Almost 80% of the assets
of Irish domiciled funds
are held in UCITS
Non-UCITS
EUR 205bn
UCITS
EUR 759bn
Source: Central Bank of Ireland, Dec 2010
When considering UCITS opportunities Ireland stands
out as the European domicile of choice. Ireland is an
established investment fund centre and major UCITS
domicile with global reach and an unrivalled UCITS
offering in terms of regulatory, tax, depositary and
client servicing considerations.
For over 20 years Ireland has been used as a UCITS
management company domicile and the location
from which to domicile and distribute UCITS globally.
Ireland continues to lead on UCITS developments and
has made significant regulatory, tax and operational
enhancements in preparation for UCITS IV.
Tax is a key consideration when it comes to UCITS IV
consolidation and with a 12.5% corporate tax rate for
management companies and no tax on funds, Ireland
offers the most compelling set of advantages.
Ireland’s market share has increased to 13 per cent
compared to 11.6 per cent in 2010. With a 12.5%
corporate tax rate for management companies and
no tax on funds, Ireland’s UCITS IV tax offering is the
most advantageous
Why Ireland?
Page 9
whY? ireland for ucIts
Why?Ireland for
UCITS – the natural choice
Irish UCITS are distributed in over 70 countries worldwide
Europe
Slovenia
Korea
Austria
Spain
Macau
Belgium
Sweden
Malaysia
Channel Islands
Switzerland
Nepal
Cyprus
Turkey
New Zealand
Czech Republic
United Kingdom
Pakistan
Denmark
Philippines
Finland
Americas
Singapore
France
Argentina
Taiwan
Germany
Bahamas
Thailand
Gibraltar
Bermuda
Vietnam
Greece
Brazil
Hungary
British Virgin Islands
Middle East
Iceland
Canada
Bahrain
Ireland
Chile
Israel
Isle of Man
Columbia
Kuwait
Italy
Mexico
Oman
Liechtenstein
Panama
Qatar
Luxembourg
Peru
Saudi Arabia
Malta
USA
United Arab Emirates
Netherlands
Asia & Pacific
Africa
Norway
Australia
Egypt
Poland
China
Mauritius
Portugal
Hong Kong
Seychelles
Russia
India
South Africa
San Marino
Indonesia
Tanzania
Slovakia
Japan
Monaco
Source: Analysis of Lipper and IFIA survey data, 2010
Ireland’s UCITS Track Record
speaks for itself...
Total Assets of Irish Domiciled UCITS Funds (EUR Billion)
800
759
700
647
600
597
583
518
500
465
400
343
300
215
200
238
286
145
100
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Source: Central Bank of Ireland
1
2
Source: analysis of EFAMA statistics, December 2010
Central Bank of Ireland, December 2010
Ireland’s implementation of UCITS IV
UCITS IV will enable a new era of
fund consolidation across Europe,
involving major regulatory and
operational transformation. Ireland
has led discussions on UCITS IV since
the European Commission published
its first White Paper in 2006 and has
implemented the transposition.
Ireland’s implementation of UCITS IV includes:
Continuous engagement at EU level and responses to CESR/ESMA3
consultations 
Tax certainty and benefits clarified under Finance Act 2010 
Comprehensive UCITS IV regulatory review and mapping exercise 
Enactment of implementing legislation 
Amendments to the UCITS Notices and Guidance Notes 
Administrative and operational preparations 
3 The Committee of European Securities Regulators (CESR),
now known as the European Securities and Markets Authority (ESMA)
Ireland is at the forefront of implementing UCITS IV in
terms of regulatory, tax and operational developments
Why Ireland?
Page 11
whY? ireland for ucIts
Ireland has been synonymous with cross-border UCITS since their inception
under the 1985 UCITS Directive. Over the past 10 years, the net assets of
Irish UCITS have grown by 422% - an impressive (and unbeaten) track record!
In fact, Ireland remains the fastest growing of the major cross-border UCITS
domiciles1. In 2010 the net assets of Irish UCITS grew by 27%. There are now
2,900 Irish UCITS approved for cross-border distribution2.
whY? ireland for alTernaTiVe inVesTMenTs
Why?Ireland for
Alternative
Investments
»
Global leader for the servicing of alternative investments
»
Unrivalled expertise in servicing complex funds
»
Internationally recognised jurisdiction – EU, Eurozone, OECD, IOSCO and
FATF membership
»
Market driven alternative investment product solutions
»
The most favourable tax environment for investment funds
»
Fund distribution to seventy countries
»
An effective and robust regulatory framework with efficient fund and
promoter approval
»
Fast-track authorisation available for Qualifying Investor Funds (QIFs)
»
Streamlined fund re-domiciliation process that enables a fund to maintain
its performance history
»
Leading the drive for greater efficiencies through alternative investment
fund processing standardisation
»
Efficient listing on the Irish Stock Exchange, the leading stock exchange for
investment fund listing
»
English-speaking, common law jurisdiction with a proactive business
culture
»
Located in an optimum time zone to ensure global coverage
Why?Ireland
»»According to the 2010 Global Location Trends report by
»»In 2010, the IMD World Competitiveness Yearbook, for
the key measures influencing foreign direct investment,
ranked Ireland;
»»
»»
»»
»»
»»
»»
1st for corporate taxes
4th for the availability of skilled labour
4th for being open to new ideas
6th for labour productivity
7th for the availability of financial skills
7th for the flexibility and adaptability of people
»»Ireland ranked first in the world for most-highly
employable graduates. (Source: European Commission
Study of international recruiters, 2010)
inward investment per capita. (Source: 2010 IBM Global
Location Trends 2010)
»»Ireland ranked first in Eurozone of best countries for
business (Source: Forbes 2010)
»»Ireland ranked first in Europe for most competitive
location for R&D investment. (Source: Mazars Review of
Global R&D Incentives 2010)
»»Ireland ranked second most globalised economy in the
world (E&Y Globalisation Index in cooperation with
Economist Intelligence Unit, Jan 2011)
»»Ireland has the third highest proportion of maths, science
and computer graduates in the 20-29 age cohort in the
EU according to the Eurostat Yearbook, 2010
Ireland’s Corporate Tax Rate
Ireland has maintained a low corporate tax rate since
1956. This has been one of many elements in the Irish
economy which has attracted inward investment.
The Irish tax regime is open and transparent and
complies fully with OECD guidelines and EU
competition law.
The 12.5% corporate tax rate (CRT) remains intact.
Country
The Irish Government’s commitment to the 12.5% CRT is
protected in an EU context by the principal of unanimity
in taxation matters.
There is full political unanimity in Ireland supporting the
existing Corporate Tax regime.
EU Internal Markets Commissioner Michel Barnier has
reassured Ireland that it can continue to set its own
corporation tax rates.
These commitments have been further guaranteed by legal
provisions in the Lisbon Treaty.
Why Ireland?
Page 13
Ireland
Headline Corporation Tax Rates %
12.5
Singapore
17
Russia
20
Switzerland
21
China
25
Netherlands
25
UK
Luxembourg
Germany
France
Belgium
India
Brazil
USA
27
28.59
30
34.43
33.99
33.2175
34
39.5
whY? ireland
IBM, Ireland is the top destination globally for jobs by
inward investment per capita.
»»Ireland ranked first in the world for jobs created by
Why?Ireland
2009-2011 saw Irish competitiveness improve
significantly.
Benchmark salaries for new employees in Irish companies
are down between 5% and 22% (Irishjobs.ie).
Business costs including energy, private rents, office rents,
services, construction and labour have all reduced.
Apart from outright reductions in nominal pay rates,
companies have been able to reduce pay bills in a number
of ways, including reductions in bonuses, shift and over-time
premiums, and short-time working arrangements.
Irish unit wage costs to improve 13% vs EU average (EU
forecast 2008-2012).
Change in Cost of Living 2008 - 2012
Source: EU Commission Forecast, 2010
Change in Unit Wage Costs 2008 - 2012
15%
10%
5%
0%
-5%
U
RT K
UG
A
GR L
EE
CE
EU
2
FR 7
A
EU NC
N RO E
ET
A
HE RE
RL A
AN
DS
M
AL
BE TA
LG
GE IUM
RM
AN
Y
ITA
AU LY
ST
DE RIA
N
M
A
SW RK
ED
FI EN
N
LA
N
D
LU
X
PO
EL
AN
SP D
AI
N
-10%
IR
12%
10%
8%
6%
4%
2%
0%
-2%
-4%
IR
PO ELA
RT ND
UG
AL
SP
AI
N
N
F
R
ET
HE ANC
RL E
AN
GE D
S
R
EU MA
RO NY
ZO
AU NE
ST
BE RIA
LG
IU
M
ITA
LY
LU
X
EU
SW 27
ED
SL
O EN
VE
FI NIA
N
L
DE AN
N D
M
A
GR RK
E
ES ECE
TO
N
IA
LIT
HU UK
AN
PO IA
LA
N
D
whY? ireland
Competitiveness
Excellence
Unrivalled expertise and experience in establishing and servicing
funds with the widest range of investment strategies, our
professional, can-do and pragmatic approach will make the
difference.
Innovation
At the forefront of thought leadership and innovation, devising
product solutions through responsiveness and adaptability to client
needs and leading on investment fund processing standardisation.
Reach
Home to the world’s major fund promoters and fund service
providers with distribution opportunities to the widest range of
market places.
The experience, scale and global reach of a leading international
fund jurisdiction together with the innovation, thought leadership
and vibrancy that got us here!
Ireland knows Investment Funds.
That’s why!Ireland
Why Ireland?
Page 15
About the IFIA
This document is for informational purposes only and it is recommended that
professional advice is sought if conducting business in Ireland.
The Irish Funds Industry Association (IFIA) is the representative body for the
funds industry in Ireland with administrators, custodians, managers, transfer
agents, fund promoters and professional advisory firms involved in the
international fund services industry in Ireland, amongst its members.
The objective of the IFIA is to support and complement the development of the
international funds industry in Ireland, ensuring it continues to be the location
of choice for the domiciling and servicing of investment funds. Through its
work with governmental and industry committees and working groups, the
IFIA contributes to and influences the development of Ireland’s regulatory
and legislative framework. The IFIA is also involved in defining market practice
through the development of policy and guidance papers and the promotion of
industry-specific training.
For further information and a full list of IFIA members’ contact details and
services provided, please log onto www.irishfunds.ie
Irish Funds Industry Association (IFIA)
1 Gandon House, Mayor Street, IFSC, Dublin 1, Ireland.
Tel: +353 (0) 1 670 1077 Fax: +353 (0) 1 670 1092
www.irishfunds.ie