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ARTICLE · 07 AUGUST 2020

Increased Demand For Third-Party Irish Management Company Services As Regulations Change

Maples Group
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With a continued evolution in requirements for self-managed funds, new and existing investment managers are now subject to important changes.

IrelandFinance and Banking
Catherine Lane
Catherine Lane
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With a continued evolution in requirements for self-managed funds, new and existing investment managers are now subject to important changes.

Investment managers continue to see substantial benefits in utilising Ireland's popular fund structures. Ireland has been a leading domicile for internationally distributed investment funds and according to the Irish Funds Industry Association, as of 2019, there were 7,707 Irish-domiciled funds with more than €3 trillion in assets with expectations for continued growth in 2020 and beyond.

The UK's exit from the European Union ("EU") has been a factor in the increased demand for Irish structures as UK and non-UK managers seek to establish funds in a recognised jurisdiction of choice that will remove potential barriers to marketing in the EU. However, similar to other jurisdictions, there has been a continued evolution in requirements for self-managed funds. New and existing managers are now subject to important changes to

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