Ireland's funds industry in numbers - November 2012
In our monthly Statistics Bulletin you will find a snapshot of key trends in the Irish funds industry, compiled using the latest data from the Central Bank of Ireland up to November 2012.
2012 has proved a year of very robust growth for Irish domiciled funds. While the final figures for year-end are still being collated, the latest NAV data to November 2012 reveals year-on-year growth of 21%. Net inflows into Irish domiciled funds to November amounted to a record €86 billion. 743 funds including sub funds were authorised in Ireland during 2012.
- Net assets of Irish domiciled funds amounted to €1,215 billion in November 2012
- This consisted of €959 billion in UCITS, €200 billion in Qualifying Investor Funds (QIFs) and €56 billion in other non-UCITS funds
- November 2012 saw net flows of €3.7 billion into Irish domiciled funds
- UCITS experienced inflows of €5 billion while non-UCITS funds experienced outflows of €1.3 billion
- In UCITS, outflows of nearly €5 billion in money market funds were offset by inflows of €4.1 billion into bond funds, €2.8 billion into ‘other UCITS’, €2.3 billion into equity funds and €744 million into balanced funds
- 743 new funds (including sub funds) were authorised in 2012, which broke down into 362 UCITS, 367 QIFs and 14 other non-UCITS funds