The Irish Funds Industry Association, with over 30 years of experience, plays a vital role in Ireland’s robust asset management and investment funds sector. As a leading voice in the industry, the association promotes Ireland as a premier location for investment fund domiciling and administration, attracting global investors seeking a favorable and supportive environment for growth. Committed to the development and sustainability of the funds industry, Irish Funds collaborates closely with government and regulatory bodies.
Key Takeaways
- The Irish Funds Industry Association is a key player in Ireland’s investment funds and asset management industry.
- It promotes Ireland as a premier destination for investment fund domiciling and administration.
- Irish Funds collaborates with government and regulatory bodies to support industry growth.
- The association plays a crucial role in attracting global investors to Ireland.
- Irish Funds has over 30 years of experience in the industry.
Empowering Citizens and Enabling the Economy
The Irish Funds Industry Association recognizes the role it plays in empowering citizens and enabling sustainable economic growth. With a strong focus on the asset management industry and financial services, the association understands the potential impact these sectors can have on the European Union’s economic landscape.
By facilitating the flow of capital and engaging with savers, the asset management industry contributes to the sustainable growth of the European economy. The Irish Funds Industry Association aims to empower citizens by providing them with the necessary financial knowledge and insights to make informed investment decisions. This guidance helps individuals build and protect their savings, ensuring long-term financial security.
Furthermore, the association is committed to championing excellence and creating awareness in environmental, social, and governance (ESG) issues. Understanding the significance of sustainable growth, Irish Funds actively supports initiatives that promote environmentally friendly practices, social responsibility, and ethical governance.
“The asset management industry plays a vital role in driving sustainable economic growth, and the Irish Funds Industry Association is committed to ensuring that this growth is achieved responsibly, with due consideration for environmental and social impact.”
In this pursuit, Irish Funds collaborates with government bodies, regulatory organizations, and industry stakeholders to develop and implement initiatives that promote sustainable practices within the industry. These efforts contribute to the overall well-being of citizens and enable the emergence of a sustainable, resilient economy.
Benefits of Sustainable Growth:
- Promotes long-term economic stability
- Encourages responsible investment practices
- Preserves natural resources and supports environmental conservation
- Fosters social equality and inclusivity
- Enhances corporate governance and transparency
- Attracts socially conscious investors
By championing sustainable growth within the asset management industry and financial services, the Irish Funds Industry Association is actively contributing to the larger goal of building a prosperous and inclusive future for all.
Industry Profile and Sustained Growth in Ireland
The funds and asset management industry in Ireland play a pivotal role in the country’s economy, contributing to high-skilled employment and economic output. With over 17,000 individuals directly employed, this industry has a significant employment impact, providing opportunities for professionals across various disciplines.
Moreover, the funds and asset management sector in Ireland also contributes to the Irish Exchequer through a substantial direct tax return, further bolstering the nation’s financial standing. The tax revenue generated from this industry supports the government’s initiatives in various sectors such as healthcare, education, and infrastructure development.
Additionally, the industry’s growth is not limited to specific regions within Ireland. Evidence of regionalization is seen with employees located in all counties in the Republic of Ireland, showcasing the industry’s contribution to balanced regional development. This ensures that the benefits and opportunities created by the funds and asset management industry are spread across the country, promoting economic growth in both urban and rural areas.
Furthermore, the sustained growth of the funds and asset management industry in Ireland demonstrates the recognition and confidence of global investors in Ireland’s financial ecosystem. This growth is driven by factors such as Ireland’s attractive tax regime, skilled workforce, and strong regulatory frameworks that ensure investor protection.
Overall, the funds and asset management industry in Ireland not only contributes to employment, output, and economic growth but also positions Ireland as a premier destination for global investment. As the industry continues to flourish, it reinforces Ireland’s reputation as a leading financial hub and paves the way for sustained prosperity.
Irish Funds – A Leading Voice in the Investment Funds Industry
Irish Funds has emerged as a prominent influencer in the investment funds and asset management industry. Leveraging its extensive expertise and knowledge, Ireland has established itself as a European center of excellence for facilitating investments. The country’s commitment to fostering a favorable investment climate has attracted substantial global capital, with Irish domiciled funds playing a pivotal role in accessing investment opportunities in Europe and worldwide. In fact, these funds have successfully mobilized €1 trillion of global capital into the European Union, driving economic growth and development.
To strengthen the investment funds industry and position Ireland as a premier destination for global investments, Irish Funds collaborates closely with organizations both domestically and internationally. This strategic partnership enables the association to drive innovation, share best practices, and spearhead industry initiatives that shape the future of the global investment landscape.
By championing excellence and fostering collaboration, Irish Funds serves as a catalyst for the growth and success of the investment funds industry. As a recognized thought leader, the association actively engages in industry-wide discussions, helping shape regulations and policies that align with the evolving needs of investors and fund managers alike.
In summary, Irish Funds has earned its status as a leading voice in the investment funds industry, leveraging its expertise, network, and collaborative approach to drive sustainable global capital flows and enhance Ireland’s prominence as an international hub for investment funds.
Ireland’s Expertise and Regulatory Frameworks
Ireland is widely recognized as a premier European domicile for UCITS opportunities in the alternative investment fund industry. With its exceptional UCITS offering, Ireland boasts a regulatory, tax, depositary, and client servicing environment that caters to the unique needs of fund managers.
What sets Ireland apart is its pioneering role as the first regulated jurisdiction to establish a specific regulatory framework for the alternative investment fund industry. This demonstrates the country’s commitment to innovation and its ongoing efforts to provide a conducive ecosystem for investment funds.
These robust regulatory frameworks, combined with Ireland’s expertise in the financial sector, make it an attractive destination for both domestic and international fund managers. By choosing Ireland as their European domicile, fund managers gain access to world-class product solutions that cater to a wide range of investment strategies.
UCITS Guidelines and Benefits
Under the UCITS (Undertakings for Collective Investments in Transferable Securities) guidelines, fund managers who domicile their funds in Ireland can avail themselves of several significant benefits:
- Access to a wide range of investment markets: UCITS funds domiciled in Ireland have the advantage of being able to invest in global markets, providing investors with the opportunity for global diversification and access to investment opportunities across various asset classes.
- Regulatory compliance and investor protection: Ireland’s regulatory framework ensures that UCITS funds meet stringent guidelines for transparency, risk management, and investor protection. This commitment to regulatory compliance helps foster trust and investor confidence in Irish-domiciled funds.
- Enhanced distribution capabilities: UCITS funds domiciled in Ireland have access to a vast distribution network across Europe and beyond, allowing fund managers to tap into a broad investor base and expand their reach globally.
Overall, Ireland’s expertise in UCITS and its favorable regulatory frameworks make it an ideal destination for fund managers looking to establish a European domicile for their investment funds.
An image demonstrating the significance of UCITS in the investment funds industry.
| UCITS Benefits | UCITS Opportunities |
|---|---|
| Access to global markets | Diversification and broader investment opportunities |
| Regulatory compliance and investor protection | Enhanced transparency and risk management |
| Expanded distribution capabilities | Access to a broad investor base |
Global Reach and Distribution
Irish funds have a global reach, with distribution to 90 countries in the Americas, Asia, the Pacific, the Middle East, and Africa. Ireland offers comprehensive service support for funds domiciled in Ireland, with the capability to service funds in 30 languages and 28 currencies. Additionally, Ireland is a leading European domicile for exchange-traded funds (ETFs), representing over 60% of the total European ETF market. The maturity of the Irish service model ensures that ETF issuers have access to highly automated and scalable global service providers.
Irish Funds Industry Association’s Objectives
The Irish Funds Industry Association is committed to supporting and developing the funds industry in Ireland. The association plays a crucial role in representing the industry’s interests in discussions with government and regulatory bodies, advocating for a supportive environment that promotes industry growth. Additionally, Irish Funds serves as a valuable information resource for industry professionals, providing guidance and technical briefings on complex areas such as compliance, valuation, and share dealing.
Irish Funds also actively promotes and raises awareness of Ireland’s funds industry through various channels such as conferences, events, and media engagement. By showcasing the strengths and opportunities within the sector, the association aims to attract investment and foster collaboration among industry participants.
Furthermore, the Irish Funds Industry Association prioritizes the professional development of individuals working in the industry. Through their training programs and industry-specific seminars, they equip professionals with the necessary knowledge and skills to excel in their roles. This commitment to training and development ensures a highly skilled workforce that can drive the continued growth and success of the funds industry in Ireland.
Irish Funds Industry Association’s Objectives at a Glance:
- Representing the funds industry in discussions with government and regulatory bodies
- Providing industry guidance and technical briefings on complex areas
- Promoting and raising awareness of Ireland’s funds industry through conferences, events, and media engagement
- Supporting the professional development of individuals through training programs and industry-specific seminars
Mission, Vision, and Values
The Irish Funds Industry Association is on a mission to be the funds industry voice in Ireland, advocating for the growth and development of the asset management industry. We envision Ireland as the premier location for global investing, built on a foundation of trust, capability, and innovation.
Collaboration, commitment, dedication, excellence, integrity, society/community engagement, and transparency are the core values that guide our actions and interactions within the industry and broader community. We believe that by upholding these values, we can create an environment that fosters sustainable and responsible global investing.
“Only through collaboration and integrity can we achieve the transformative power of the funds industry on a global scale.”
Our Core Values:
- Collaboration: We believe in working together with industry stakeholders, regulators, and the community to drive positive change and growth in the funds industry.
- Commitment: We are dedicated to promoting Ireland as a global investment center and supporting the success and sustainability of our members.
- Dedication: We are passionate about our mission and strive to continuously enhance the reputation and competitiveness of Ireland’s funds industry.
- Excellence: We aim for excellence in all aspects of our work, from regulatory compliance to industry support services, in order to provide the highest quality experience for our members.
- Integrity: We uphold the highest standards of integrity and ethical conduct, ensuring trust and confidence in the funds industry.
- Society/Community Engagement: We actively engage with the wider community, promoting financial education and responsible investing for the benefit of society as a whole.
- Transparency: We are committed to transparency in all our actions, promoting open and honest communication with our members, stakeholders, and the public.
Conclusion
The Irish Funds Industry Association is a driving force in Ireland’s investment funds and asset management industry. With a focus on promoting Ireland as a premier destination for investment fund domiciling and administration, the association plays a vital role in supporting industry growth. Collaborating closely with government and regulatory bodies, Irish Funds ensures a conducive environment for investors and fund managers alike.
With its extensive expertise and robust regulatory frameworks, the association has positioned Ireland as a global leader in the sector. Through its global reach and distribution, Irish funds have gained recognition and popularity in 90 countries, enabling investors from around the world to access a range of investment opportunities.
Irish Funds’ commitment to professional development and industry-specific training programs further underscores its dedication to excellence. By championing awareness in environmental, social, and governance issues, the association aims to foster a sustainable future for the Irish financial sector.
As the Irish Funds Industry Association continues to advocate for the interests of the investment funds and asset management industry, it reinforces Ireland’s position as a key player in the global financial landscape.