The proliferation of international funds domiciled in Ireland has placed it among the most important fund markets in the world but the impact of the thriving industry is not felt keenly enough by Irish consumers. Just over six per cent of global funds are based in the country, behind only Luxembourg and the US. Ireland is a massive hub for exchange-traded funds (ETFs), which typically are tied to specific indexes like the FTSE 100 or Nasdaq-100, with over €1 trillion in assets under management through those funds alone. The international funds sector is a sizable employer too with around 20,000…
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