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With the profound impacts of Covid-19 continuing to reverberate around the world, it is notable how robust the funds industry has been during the last six months. In Ireland, like elsewhere, significant redemptions were registered in March as investors sought to reduce risk and increase liquidity.
By A Paris – The Irish funds industry has demonstrated its resilience as it continues to navigate the Covid-19 pandemic with its head held high. Despite the global market turbulence, Ireland continued to benefit from the Brexit fallout as large global managers chose to open operations in the jurisdiction and Ireland’s commitment to ESG growth is sustained.
As managers continue to look for opportunity beyond their domestic borders, their need for service providers who provide a consistent experience across jurisdictions becomes more pronounced. Further, having that experience tailored to their unique needs is held in even higher esteem.
By Shane Coveney, Dillon Eustace – As European exchange traded products gather a greater share of asset flows and surpass USD1 trillion in assets under management, the industry’s appetite for new and innovative products continues to develop at a greater pace than ever. Historically, fragmentation in the European market has been a significant obstacle, leading to slow growth in the exchange traded fund (ETF) market in Europe.
By Derbhil O’Riordan, Dillon Eustace – Consistently heralded by industry as a flexible and efficient place to do business, Ireland is Europe’s leading onshore jurisdiction for the establishment of private equity structures.
By Kieran Fox, Irish Funds – We are all well aware of the human and public health cost which Covid-19 has had since March of this year when its impact reverberated around the globe. Although general consensus is that we still have some way to go until there is a vaccine or other resolution to the pandemic, central banks and regulators are now beginning to look into the effect the crisis had on capital markets during the early days of its impact and seeking to learn lessons from this.
The Irish funds industry may have some catching up to do in the private funds space, but as the government gears up to introduce a refreshed Investment Limited Partnerships Act, the jurisdiction is expected to see an influx of managers from the UK, the US and further afield choosing to set up their private funds in Ireland.
Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has reported strong growth throughout 2020 as well as several key company investments. Drawbridge has continued to invest in its people, technology and customers throughout the year, working closely with clients to help them ensure security, continuity and safety during the unprecedented times that have resulted from Covid-19.
2020 saw Drawbridge add even more tested industry talent to its experience global team. The company significantly expanded its global reach with the opening of its London headquarters and the appointment of Simon
The Standards Board for Alternative Investments (SBAI) has released its newest Toolbox memo on Cash Handling and Cyber Security. Read the full story at Institutional Asset Manager…
Transaction Network Services (TNS) has installed its ultra-low latency TNSXpress Layer 1 solution at the London Stock Exchange (LSE) colocation facility.This development means that LSE traders can now leverage speeds of between 5-85 nanoseconds thanks to the unique single hop architecture that the TNSXpress Layer 1 solution uses. This infrastructure is up to 10 times faster than traditional Layer 3 architectures.
The TNSXpress Layer 1 solution combines with TNS’ Managed Hosting service to enable LSE traders to take advantage of the full range of colocation benefits available at the LSE data center. In addition, TNS has become a registered
