A favourable tax environment and the Irish financial regulator's cooperative stance has seen Dublin firmly established as the centre of choice for many Europe-facing fund management companies
Simple tax structures, a facilitating regulator and fund flexibility have helped Dublin to establish itself as an international fund management centre. The latest edition of Lipper Fitzrovia's Dublin Fund Encyclopedia shows annual fund growth of almost 28% for funds serviced in Ireland, to a new total of $1,212.4bn (almost €1bn) at 30 June 2006. Domiciled net assets are now $806.6bn, up from $622.7bn a year ago. Of the 321 fund management companies with funds domiciled in Dublin, US fund management companies have overtaken UK managers and now have net assets of $351.1bn under management...
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