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irishfunds.ie
14 March 2019
Welcome to the
Irish Funds New York Seminar
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Premium Sponsors
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Premium Sponsors
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Event Sponsors
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Brian Forrester,
Chairperson, Irish Funds
Partner, Deloitte
Industry Update and Key Developments
New York Seminar
14 March 2019
irishfunds.ie
The Irish Funds Industry: a snapshot
irishfunds.ie
Total Assets Under Administration –
Split between Irish & Non Irish Funds
Source: All data sourced from Central Bank of Ireland
989
1,271
2,0521,946
2,079
2,515 2,441
2,901
3,754
4,097 4,1324,310
5,289
4,823
689959
1,188899 1,078
1,288 1,3651,619
1,854 2,020 2,062 2,194
2,875 2,770
300
313
864 1,0471,001 1,227 1,075
1,282
1,900 2,077 2,0712,116
2,4142,053
0
1,000
2,000
3,000
4,000
5,000
6,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Dec-18
US
D B
illi
on
Total Domiciled and Non-Domiciled
Assets Under Administration
Total Non Domiciled Total Domiciled
irishfunds.ie
Fastest Growing of Largest European Fund
Domiciles
2011 2012 2013 2014 2015 2016 2017 Q3 2018
Europe 0% 13% 23% 42% 58% 78% 97% 101%
Luxembourg 0% 14% 25% 48% 67% 77% 98% 104%
Ireland 0% 16% 27% 57% 80% 98% 126% 140%
France 0% 9% 10% 14% 21% 29% 37% 38%
Germany 0% 13% 24% 40% 53% 66% 80% 85%
UK 0% 17% 35% 59% 79% 77% 99% 101%
0%
20%
40%
60%
80%
100%
120%
140%
% G
row
th
Europe Luxembourg Ireland France Germany UK
irishfunds.ie
With Global Distribution
Source: Lipper IM
• Data from the Central Bank of Ireland shows Irish domiciled
funds have investors from 90+ countries around the world
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Brexit - three interdependent themes
Distribution
Management
Models
(‘Delegation’)
Growth
OVER 2,700 IRISH
FUNDS SOLD TO UK
INVESTORS
$750bn
IN IRISH FUND ASSETS
MANAGED BY 190+ UK
FIRMS IN IRELAND
Continuity in UK investor
access to Irish funds
Continuity in
UK firm
management
of Irish funds
Increase Ireland’s growth
trajectory as an
international asset
management centre
SOURCE: Lipper IM Dec 2017
Monterey Ireland Fund Report 2017
Current context Target outcome
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Conclusion
EU Member & Strategically Positioned
+
International Hub for Globally Distributed Investment Funds
+
Unrivalled Experience and Expertise & the Widest Range of Fund Structures
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Megan Greene,
Managing Director, Manulife Asset Management
Global Economic Outlook in 2019
Moderator:
Panellists:
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Fund Distribution & Market Access in
Europe
Yvonne Connolly, Carne
Philip Dempsey, SANNE
Sascha Calisan, Northern Trust
Simon Padley, KBI Global Investors
John Paul Armenio, Chiron Investment Management
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Coffee Break
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Brian Ruane,
CEO, BNY Mellon GSS Corp
Macro Trends affecting the Alternative
Funds Industry
Moderator:
Panellists:
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ESG Investing
Adrian Whelan, BBH
Shila Wattamwar, Sustainalytics
Alessia Falsarone, Pinebridge Investments
Moderator:
Panellists:
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FinTech & the Impact of Technology in Fund
Management
Cormac Dinan, Deloitte
David Saul, State Street
Thomas Deely, Columbia University School of Professional Studies
Deirdre O’Connor, BlackRock
Moderator:
Panellists:
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Speed Presentations: Hot Topics in Funds
Andy O’Callaghan, PwC
ILP: Padraig Brosnan, Maples Group
Tax Transparent Funds: Siobhan Dillon, EY
Multimanager Platform Solutions: Imelda Shine, Intertrust
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Kieran Fox
Director of Business Development, Irish Funds
Closing Remarks
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Drinks Reception Sponsor
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Premium Sponsors
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irishfunds.ie
14 March 2019
Irish Funds New York Seminar