The Central Bank today publishes statistics for Q1 2012 on investment funds (IFs) resident in Ireland. Irish resident IFs expanded strongly in Q1 2012, driven by performing global equity markets and apparent expanding investor confidence evident in new subscriptions. When reclassifications are excluded, IFs, measured by total shares/units in issue, increased in value to € billion at end Q1 2012, up from € billion at end Q4 2011. This increase is accounted for by revaluations of € billion and positive net transactions of € billion. .
