Ireland has established itself as a prominent hub for global funds, attracting a substantial portion of the world’s investment activity. As a preferred destination for fund domiciliation and distribution, numerous international asset managers and investment firms continue to choose Ireland as their strategic base for managing and distributing funds to a global audience, contributing significantly to the country’s status as a leading player in the industry.

Vanora Madigan, Global Head of Public Affairs at Waystone, a specialist services provider for the asset management industry, stated, “Over the past four decades, Ireland has taken on the role of architects in shaping its financial services sector, a growth story that has been meticulously planned and nurtured over time rather than achieved overnight. It’s not just a matter of size but the strategic significance that sets Ireland apart in the global financial landscape.” 

She continued, “Despite being a small island, Ireland wields substantial financial prowess that competes favorably with much larger players. The statistic that 20 out of the world’s top 25 financial giants selected Ireland as their home, serves as validation of the nation’s enterprise-friendly ethos, competitive regulations and a foundation of stability. Another core strength lies in Ireland’s 50-year EU membership. This membership not only facilitates access to free trade and movement within the eurozone, but also acts as a pivotal springboard for asset managers and investment firms to tap into the vast pool of European capital. Furthermore the proximity to the UK and the Common Travel area between Ireland and the UK allows for free movement of travel between both jurisdictions.”

Ireland’s strength in global finance goes beyond its infrastructure and regulations; its diverse talent pool connected to a vast European labor market is also a defining asset. The shift from brain drain to brain gain is evident, with talented graduates drawn to Ireland. The country’s appeal to global professionals and investors, established it as a financial hub with a unique commitment. As fintech and sustainable finance thrive with the ongoing technological evolution, Ireland’s adaptability, aligned strategies, and strategic partnership with the US solidify its resilience in the face of change.

A Beacon of Expertise

Within this ecosystem Waystone is recognized for its expertise in simplifying the intricate landscape of financial services including Irish domiciled investment funds, corporate services, and administration services. With a comprehensive understanding of the complexities clients encounter, Waystone excels in developing tailored solutions that navigate regulatory challenges and evolving market dynamics. The company is considered the leading provider of institutional governance, risk and compliance services to the asset management industry. With over two decades of experience, and with its Global Headquarters in Ireland, Waystone serves as a reliable partner for asset managers and their investment strategies, in structuring and establishing investment structures across multiple domiciles including Ireland. Offering a diverse range of specialist services, Waystone’s influence supports assets under management exceeding USD 2 trillion. Through this extensive expertise, the company equips clients with essential insights and resources to confidently pursue their investment objectives and tap into Ireland’s thriving ecosystem, navigating its opportunities with strategic finesse.