Irish domiciled funds’ assets surpass €2.5 trillion

Assets in Ireland-domiciled funds surpassed €2.5 trillion for the first time in May, according to figures published today by the Central Bank of Ireland. The data shows that assets in Ireland-domiciled funds increased by 5% in the five months to May. Total net sales in the first five months of the year reached €79.7 billion, of which €17.3bn went into exchange-traded funds. Flows into Irish funds accounted for 31% of total net European sales for the first five months of the year.