Waiting for take-off

Hedge funds

The Irish Financial Services Regulation Authority (IFSRA) first introduced regulations in 2002 to allow retail investors to access funds of hedge funds, effectively meaning that hedge funds were no longer an investment tool used only by a privileged few, such as ultra-high-net-worth individuals, family offices and institutions. With the Irish public finally allowed to invest in these funds, commentators at the time expected to see a significant inflow of money to the sector.

However, despite

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