Irish Funds
The Irish Funds Industry Association (Irish Funds) is the representative body for the international investment fund community in Ireland. Founded in 1991, Irish Funds represents fund managers, depositaries, administrators, transfer agents, professional advisory firms and other specialist firms involved in the international fund services industry in Ireland. Irish Funds' more than 120 members service or manage in excess of 13,500 funds with a net asset value of €4.1 trillion. The objective of the Irish Funds is to support and complement the development of the international funds industry in Ireland, ensuring Ireland continues to be a location of choice for the domiciling and servicing of investment funds. Over the last 25 years Ireland has become a premier jurisdiction for fund managers establishing regulated investment products for distribution in the global marketplace. In recent years Ireland has been the fastest growing international fund administration centre and boasts the largest hedge fund administration centre in the world. Ireland is also a leading European domicile for money market funds and exchange traded funds, as well as the world's premier jurisdiction for the stock exchange listing of investment funds. International investment managers are attracted to Ireland due to its open, transparent and regulated investment environment and its strong emphasis on investor protection. Over 480 fund promoters from across the globe have used Ireland to set up regulated investment funds distributed to shareholders throughout the world. Fund promoters can rely on expert service supported by 14,000 skilled employees across the entire service provider community, including fund administrators, trustees, legal advisers, auditors, tax advisers, compliance, listing and other industry specialists.