Alternative investment funds head for Ireland

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Figures for Dublin's Alternative Investment Fund Management Directive (AIFMD) ready Qualifying Investor Fund (QIF) are soaring, according to the Irish Funds Industry Association (IFIA).

The latest data from the Central Bank of Ireland show that the number of QIFs is at an all time high of 1,273, with assets also reaching a peak of €159bn. IFIA reports that this centre already administers more than 40% of the world’s alternative investments, and reports QIF assets growing by some 18% over the past year. In addition, the European Fund and Asset Management Association (EFAMA) confirms Ireland is also the domicile of choice for UCITS, attracting the highest inflow of net assets of any domicile for the year so far. The figures confirm that the gains made by Ireland have bee...

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