Irish funds recorded the highest level of net inflows in Europe in the first half of the year, reports the European Fund and Asset Management Association (EFAMA).
These latest statistics from EFAMA reveal that Ireland saw net inflows of €39bn in the first six months of the year, which puts it at the top of the league by some €7bn. The most impressive gains for Ireland occurred in the second quarter of the year when net inflows totalled €26bn, representing a growth of 1.5% during the period. These latest figures mean that Ireland's market share has increased to 13%, compared to 11.5% in 2010. The Irish Funds Industry Association (IFIA) responds to this good news by saying the statistics are not altogether surprising as Ireland "has been sy...
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