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US asset manager looks to set up Dublin operation

  • Ireland
  • General

12-07-2018

It has been reported that Principal Global Investors, the US-headquartered asset manager, is set to establish a Dublin operation ahead of the UK’s departure from the EU. The $674 billion multi-boutique fund manager is in the process of applying to the Irish regulator for a licence under the updated Markets in Financial Instruments Directive to secure access to continental Europe once the UK leaves the EU. Its European operations are currently run out of London.

Sean Ryan, Partner

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