Irish market backs hedge funds



The Irish market is gearing up for further developments in the hedge fund industry. The €10.6 billion National Pensions Reserve Fund is mulling over the prospect of investing in hedge funds while the Irish parliament is preparing legislation that will allow investments in alternative asset classes.

Gary Palmer, chief executive at Dublin Funds Industry Association, believes that the new legislation will provide further opportunities and options for the market. The aim is to create a pension

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