2

irishfunds.ie

14 March 2019

Welcome to the

Irish Funds New York Seminar

irishfunds.ie

Premium Sponsors

irishfunds.ie

Premium Sponsors

irishfunds.ie

Event Sponsors

irishfunds.ie

Brian Forrester,

Chairperson, Irish Funds

Partner, Deloitte

Industry Update and Key Developments

New York Seminar

14 March 2019

irishfunds.ie

The Irish Funds Industry: a snapshot

irishfunds.ie

Total Assets Under Administration –

Split between Irish & Non Irish Funds

Source: All data sourced from Central Bank of Ireland

989

1,271

2,0521,946

2,079

2,515 2,441

2,901

3,754

4,097 4,1324,310

5,289

4,823

689959

1,188899 1,078

1,288 1,3651,619

1,854 2,020 2,062 2,194

2,875 2,770

300

313

864 1,0471,001 1,227 1,075

1,282

1,900 2,077 2,0712,116

2,4142,053

0

1,000

2,000

3,000

4,000

5,000

6,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Dec-18

US

D B

illi

on

Total Domiciled and Non-Domiciled

Assets Under Administration

Total Non Domiciled Total Domiciled

irishfunds.ie

Fastest Growing of Largest European Fund

Domiciles

2011 2012 2013 2014 2015 2016 2017 Q3 2018

Europe 0% 13% 23% 42% 58% 78% 97% 101%

Luxembourg 0% 14% 25% 48% 67% 77% 98% 104%

Ireland 0% 16% 27% 57% 80% 98% 126% 140%

France 0% 9% 10% 14% 21% 29% 37% 38%

Germany 0% 13% 24% 40% 53% 66% 80% 85%

UK 0% 17% 35% 59% 79% 77% 99% 101%

0%

20%

40%

60%

80%

100%

120%

140%

% G

row

th

Europe Luxembourg Ireland France Germany UK

irishfunds.ie

With Global Distribution

Source: Lipper IM

• Data from the Central Bank of Ireland shows Irish domiciled

funds have investors from 90+ countries around the world

irishfunds.ie

Brexit - three interdependent themes

Distribution

Management

Models

(‘Delegation’)

Growth

OVER 2,700 IRISH

FUNDS SOLD TO UK

INVESTORS

$750bn

IN IRISH FUND ASSETS

MANAGED BY 190+ UK

FIRMS IN IRELAND

Continuity in UK investor

access to Irish funds

Continuity in

UK firm

management

of Irish funds

Increase Ireland’s growth

trajectory as an

international asset

management centre

SOURCE: Lipper IM Dec 2017

Monterey Ireland Fund Report 2017

Current context Target outcome

irishfunds.ie

Conclusion

EU Member & Strategically Positioned

+

International Hub for Globally Distributed Investment Funds

+

Unrivalled Experience and Expertise & the Widest Range of Fund Structures

irishfunds.ie

Megan Greene,

Managing Director, Manulife Asset Management

Global Economic Outlook in 2019

Moderator:

Panellists:

irishfunds.ie

Fund Distribution & Market Access in

Europe

Yvonne Connolly, Carne

Philip Dempsey, SANNE

Sascha Calisan, Northern Trust

Simon Padley, KBI Global Investors

John Paul Armenio, Chiron Investment Management

irishfunds.ie

Coffee Break

irishfunds.ie

Brian Ruane,

CEO, BNY Mellon GSS Corp

Macro Trends affecting the Alternative

Funds Industry

Moderator:

Panellists:

irishfunds.ie

ESG Investing

Adrian Whelan, BBH

Shila Wattamwar, Sustainalytics

Alessia Falsarone, Pinebridge Investments

Moderator:

Panellists:

irishfunds.ie

FinTech & the Impact of Technology in Fund

Management

Cormac Dinan, Deloitte

David Saul, State Street

Thomas Deely, Columbia University School of Professional Studies

Deirdre O’Connor, BlackRock

Moderator:

Panellists:

irishfunds.ie

Speed Presentations: Hot Topics in Funds

Andy O’Callaghan, PwC

ILP: Padraig Brosnan, Maples Group

Tax Transparent Funds: Siobhan Dillon, EY

Multimanager Platform Solutions: Imelda Shine, Intertrust

irishfunds.ie

Kieran Fox

Director of Business Development, Irish Funds

Closing Remarks

irishfunds.ie

Drinks Reception Sponsor

irishfunds.ie

Premium Sponsors

irishfunds.ie

Premium Sponsors

irishfunds.ie

Event Sponsors

25

irishfunds.ie

14 March 2019

Irish Funds New York Seminar