- Investment Funds Ireland 2020: Finance Dublin's Annual Special Report: a showcase for Ireland's Investment Funds & Asset Management Industry
The annual showcase publication for Ireland's asset management and investment funds industry produced by Finance Dublin will be published in December. This year's publication will have several new features, not least the overall profile it will project of a burgeoning industry with huge potentials, at a time of challenge, from fintech, fee compression, and business consolidation, for example, but yet at a time of huge potential.
The influx and establishment of Mancos, the development of new clusters and product lines in Ireland, the continued boom in funds into Irish vehicles, with Irish wrappers recording new record asset levels, such as CCFs at over $100 billion, and exciting new agendas in areas such as ESG, and new legislative and regulatory initiatives, are examples of the potentials that will be examined in the Report. Details: firstname.lastname@example.org
- A few nuggets from two decades of small-cap investing
- Mediolanum Group opens new European Funds Headquarters, with plans to further increase headcount by 20 p.c. in 2020
5th December 2019: Ireland's Minister for State at the Department of Finance and Public Expenditure and Reform, Michael D'Arcy, performed the official opening of Mediolanum Banking Group's European Asset Management Headquarters in Dublin today. The Irish operations of Banca Mediolanum comprise Mediolanum International Funds Limited ("MIFL") and Mediolanum International Life Dac. "We look forward to growing still further as we complement our substantial multi-manager and sub-advisory business with an increasing focus on expanding our team and competencies in direct securities selection," said MFIL's MD, Furio Petrobiasi.
- Finance priorities for Irish corporates
- In the November issue of Finance Dublin
Our recent conferences held in October provided much insight and food for thought, some of which is reflected in this issue, and some of which will inform the agenda in coming issues of Finance Dublin. One thing is clear, though. Brexit as a process will last for a very long time, the headlined dates in popular dialogue relate only to the commencement of a regulatory disengagement process that is set to last many years into the future.
- FundRock celebrates the official opening of its Limerick office
25th November 2019:
FundRock Management Company S.A. today celebrated the official opening of its International Centre of Excellence in Limerick
. Starting operations earlier this year it now employs a staff of 30. Xavier Parain, Group CEO of FundRock said 'our Limerick operation will continue to grow and further solidify our position in Ireland and our commitment to the Irish market and the mid-west region in particular, both of which have shown us remarkable support during our first months of operations.'
- LGIM briefs clients in Dublin on impact of climate change
26th November 2019: Legal & General Investment Managers (LGIM), which became the first fund manager to receive a Brexit-related Super Manco authorisation from the Central Bank of Ireland in May 2018, has emphasised its group wide commitment to become an industry leader in tackling the challenge of climate change. Speaking to Finance Dublin ahead of the client briefing, L&G group Chief Investment Officer Sonja Laud described a change in mindset on climate change that was needed for asset managers to comprehend.
- Irish Investment funds approached €3 trillion by end September
21st November 2019: At its 7th Annual UK Symposium in London, Irish Funds announced that the total net assets for Irish domiciled investment funds stand at a record €2.925 trillion, according to data to end September from the Central Bank of Ireland.
- Accountancy fee income tops €2 billion as fees rise 13.7 per cent in the year - Finance Dublin annual survey
The 2019 Edition of the annual Finance Dublin Accountancy survey of the top 20 Irish firms shows that total income of the Top 20 firms has surpassed €2 billion for the first time. This is double the total of just over €1 billion in 2010. In just nine years since the Global Financial Crisis the Irish industry has grown by as much as it has in the previous 131 years, since professional accounting in Ireland started in 1888, the foundation date of the oldest professional institute in Ireland.
- Minister for Finance promises publication of heads of new SEAR regime Bill, the Central Bank (Amendment) Bill, by Christmas
31st October 2019:
The Bill will set rules for the limits and nature of senior executive accountability in banking, insurance, and parts of the asset management sector, and legislation is promised to be developed during the course of 2020. He was speaking at the SEAR Conference
- Father of the House of Commons, Ken Clarke's hope for Britain: "We will leave with the softest possible Brexit" at #FCSDublin 2019
- SEC chair Jay Clayton and Ken Clarke MP in On Stage Interviews at FCSDublin2019
FCSDublin, 2019 in Dublin Castle on October 16th featured amongst its keynote speakers the Chairman of the Securities & Exchange Commission of the United States.
- #AFCDublin 2019 in Dublin Castle, October 15th
15th October 2019:
The Aviation Finance
conference in Dublin Castle, AFCDublin, 2019, kicked off with an address by the president of ISTAT followed by a star studded day of On-Stage Interviews and trading panels. The Conference was opened by Minister of State at the Department of Finance, Michael D'Arcy, TD.
At the heart of the conference was aircraft asset trading, to quote AFC2019's opening keynote speaker, ISTAT president Gerry Butler, CMO of Merx Aviation, aircraft trading is 'still only in its infancy'. It featured interviews with Aercap CEO Aengus Kelly and CDB Aviation's Patrick Hannigan, both conducted by Aviation Finance
's contributing editor Joe Gill.
Following an address by Virginia Fox, Head of Risk of GECAS, on the ever-important matter of risk management, AFC2019 featured a CFO Forum, featuring a panel of top aircraft lessor CFOs on the ' finance function of the future', chaired by EY's Danny Buckley. See Photo Gallery here
- In the September issue of Finance Dublin
The Latest issue contains details of the landmark and exciting agenda with over 50 speakers at Finance Dublin's forthcoming Summit on October 16th, preceded by our Aviation Finance conference, AFCDublin, 2019, on October 15th with all of the leading players in Ireland's aircraft leasing industry featuring.
Brexit may be a topic on everyone's lips still, but it will eventually pass in significance, and we will be left with the concrete realities of a new financial markets landscape.
In FCSDublin 2019 speakers have been briefed to address the concrete opportunities that exist across the platform rather than dwell on the uncertainties that may exist, such as those surrounding Brexit. It will be in concrete action that continued success will be achieved.
- In the August issue of Finance Dublin
The August issue references throughout to the effects of Brexit, which has profound consequences for Ireland's international financial services sector. The likelihood is that the impact of Brexit on the IFS sector in Ireland will be a substantial net positive - but just how positive will depend on how the individual players in the industry adapt and capitalise on the 'vast opportunities' that Brexit offers.
These are spelled out in more detail in our Op-ed this month, 'Brexit, a SWOT analysis' .
- Displaying 'a rate of expansion that is unprecedented in the 30 year plus history of the international financial services industry'
The 2019 edition of the Finance Dublin Yearbook, is the 26th annually updated record of the history of the companies and institutions that make up the Republic of Ireland's international financial services history. In this sense, it is a 'living history' of the evolution of a significant global financial centre, Europe's fifth largest, in terms of trade. The new 2019 edition in its updates and new company additions, reflects 'a rate of expansion that is unprecedented in the 30 year plus history of the international financial services industry'.
- Deals of the Year 2019 in Finance Dublin
Thirty four deals are recognised across six categories in the Deals of the Year, 2019, out of over 210 nominations. The deals are across the spectrum of Ireland's capital markets and its international financing and structuring industry; Finance Dublin's annual conference, FCS Dublin, in October will include as keynote speakers, the Chairman of the Securities & Exchange Commission, USA, Jay Clayton, and Kenneth Clarke, QC, former Chancellor of the Exchequer; Irish finance's response to the Green surge: BPFI sets out an agenda; The Government's 'Ireland for Finance' strategy: the pillars; The Irish Tax Monitor: Corporation tax considerations, the US Tax and Jobs Act and its impact on Ireland, and Brexit tax planning, and much more.