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Ireland Inc could hedge its bets with fund administration growth

Irish Independent - As Queen Elizabeth and her entourage journey through Ireland this week, the country’s establishment is doing its best to highlight a range of vibrant industries to the outside world — from digital media, to nano science to green tech to medical devices to re-insurance to cloud computing.

For a long time the fund administration sector developed under the shadow of sectors it might have been easier to shout about — hi-tech or medical devices.

The low profile of the industry in Ireland is curious when one considers that 7.5pc of the world’s hedge funds are now domiciled in Ireland, with an astonishing 63pc of all European funds now based here.

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