Colin Cunningham’s Post

https://lnkd.in/efzneuWQ The Key point from this article is where Ireland is going: Europe was slow to adapt to the "ETFisation" of the market, but is catching up with gusto. Look at any of the large Investment Managers annual reports and the world is going to Passive and ETF - open-ended is a given. All of what Ireland is good at. A slow burner played well... ‘Ireland has traditionally been a natural hub for open-ended products, while closed-ended products have tended to be structured through Luxembourg. ‘Ireland is a very well-known and reputable domicile for retail investment products including ETFs, money market funds and traditional equity mutual funds, which typically are authorised as Ucits in order to benefit from the pan-EU marketing regime. ‘In recent years, Ireland has become the default EU domicile for ETFs in particular, with 50% of the total European ETF market. A prominent theme over the last year has been the rise of ultra-liquid ETFs.'

Are you looking to set up a fund in Europe? A good pros and con's approach helps crystallize thinking for clear decision-making. Read on for the three possible routes (and the pros and cons of each).

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗿𝗲𝗰𝗲𝗶𝘃𝗲 𝗼𝘂𝗿 𝐏𝐢𝐥𝐥𝐚𝐫 𝐓𝐰𝐨 𝗦𝗻𝗶𝗽𝗽𝗲𝘁 𝗯𝗼𝗼𝗸𝗹𝗲𝘁? 𝗦𝗶𝗴𝗻 𝘂𝗽 𝘁𝗼𝗱𝗮𝘆 𝘁𝗼 𝗴𝗲𝘁 𝘆𝗼𝘂𝗿 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗰𝗼𝗽𝘆 𝗯𝘆 𝘁𝗼𝗺𝗼𝗿𝗿𝗼𝘄! 𝐀𝐫𝐞 𝐲𝐨𝐮 𝐚 𝐔𝐒 𝐦𝐮𝐥𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐞𝐝 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐢𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐏𝐢𝐥𝐥𝐚𝐫 𝐓𝐰𝐨? 𝐃𝐨 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐭𝐫𝐚𝐢𝐠𝐡𝐭𝐟𝐨𝐫𝐰𝐚𝐫𝐝 𝐚𝐧𝐝 𝐭𝐨-𝐭𝐡𝐞-𝐩𝐨𝐢𝐧𝐭 𝐞𝐱𝐩𝐥𝐚𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐭𝐨𝐩𝐢𝐜𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐢𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐏𝐢𝐥𝐥𝐚𝐫 𝐓𝐰𝐨 𝐨𝐧 𝐔𝐒 𝐦𝐮𝐥𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥𝐬 (𝐞.𝐠., 𝐢𝐧 𝐌&𝐀 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐣𝐨𝐢𝐧𝐭 𝐯𝐞𝐧𝐭𝐮𝐫𝐞 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐬)? 𝐖𝐞'𝐯𝐞 𝐠𝐨𝐭 𝐲𝐨𝐮 𝐜𝐨𝐯𝐞𝐫𝐞𝐝! Loyens & Loeff New York regularly posts ‘Snippets’ on Pillar Two topics. We have compiled these Snippets into a booklet: "𝙄𝙢𝙥𝙖𝙘𝙩 𝙤𝙛 𝙋𝙞𝙡𝙡𝙖𝙧 𝙏𝙬𝙤 𝙤𝙣 𝙐𝙎 𝙈𝙪𝙡𝙩𝙞𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡𝙨”. Interested in receiving one of our booklets? https://lnkd.in/eWTyseqz PS: Our NYC Luxembourg fund formation team headed by Frank van Kuijk made a similar Snippet booklet focused on Luxembourg fund formation concepts relevant for US fund managers with plans to raise capital in Europe. You can request this booklet through the same link above.

“The Irish ecosystem for getting companies off the ground, including Government and state bodies such as Enterprise Ireland and the Irish Strategic Investment Fund, is largely working well. The big challenge is our over dependence on unpredictable international investors in taking these start-ups to the next level of growth”. Sarah Jane Larkin, Director General IVCA, comments on analysis from the recent [Q1 2024] VenturePulse insights report including whether Ireland is over-reliant on international investors. https://lnkd.in/e_PQwjxJ #venturecapital #privateequity #ivca #venturepulse

"Unlike other nations, Ireland did not undergo a transformative industrial revolution in the late 18th and early 19th centuries, nor have we had the same opportunity to create domestic multinationals or intergenerational wealth.” A new report published by the Department of Enterprise, Trade and Employment could hold the key to unlocking crucial capital for scaling Irish companies, writes Sarah-Jane Larkin, Director General of the Irish Venture Capital & Private Equity Association. Read the full article on the Accountancy Ireland website: https://brnw.ch/21wMDzN #Scaling #Growth #IrishEconomy

Colm McDonagh, CEO Insight Europe and Chair of Irish Funds spoke with Business Post on the need for appropriate regulation to support private funds and tokenisation. “Ireland has had good success in the public market space, but the world has moved on. If 40 per cent of assets are private assets, then we've got to plan for the next five years,” he said. Read the article here: https://bit.ly/45uYjRp (registration required) Capital at risk. For professional investors only.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗿𝗲𝗰𝗲𝗶𝘃𝗲 𝗼𝘂𝗿 𝗦𝗻𝗶𝗽𝗽𝗲𝘁 𝗯𝗼𝗼𝗸𝗹𝗲𝘁(𝘀)? 𝗦𝗶𝗴𝗻 𝘂𝗽 𝘁𝗼𝗱𝗮𝘆 𝘁𝗼 𝗴𝗲𝘁 𝘆𝗼𝘂𝗿 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗰𝗼𝗽𝘆 𝗯𝘆 𝘁𝗼𝗺𝗼𝗿𝗿𝗼𝘄! Are you a US fund manager with plans to raise capital in Europe? Do you need clear and practical explanations on Luxembourg fund concepts? We've got you covered! Loyens & Loeff New York regularly posts ‘Snippets’ on a range of Luxembourg fund formation topics. We have compiled these Snippets into a booklet: "𝙐𝙎 𝙁𝙪𝙣𝙙 𝙈𝙖𝙣𝙖𝙜𝙚𝙧𝙨 𝙍𝙖𝙞𝙨𝙞𝙣𝙜 𝘾𝙖𝙥𝙞𝙩𝙖𝙡 𝙞𝙣 𝙀𝙪𝙧𝙤𝙥𝙚". Interested in receiving a booklet? Fill out the form here: https://lnkd.in/eT-bPJ4e PS: Our NYC tax team headed by Michiel Schul made a similar Snippet booklet regarding Pillar Two topics relevant for US multinationals and asset managers. You can request this booklet through the same link above.

How can we make Baltic markets more attractive? On the positive side, the region benefits from strong local capital, with institutional investors such as pension funds managing significant resources. However, many remain hesitant to allocate funds to Baltic markets. To address this, we need to continue building confidence and highlighting the unique opportunities the Baltics offer. This was a key takeaway from the panel “Baltic Institutional Investors – Local Expertise Leading to Higher Returns” at the Baltic Capital Markets Conference 2024. ✅ #CapitalicaAssetManagement #BalticCapitalMarketsConference #Investing

What are the things that European private funds should know about Asia-based investors? Find out from our investment funds partners Benjamin Lohr and Heike Schmitz as they discuss this private capital corridor between Europe and Asia. #hsf #privatecapital #investmentfunds

What might occur if nations established P3 domestically oriented publicly traded private equity funds, emphasizing applied research at an upstream level (TRL2), with serial founders employing right hemisphere mindsets at there helm? Increased domestic ownership? Increased head offices? Increased non-acredited citizen access to private equity returns? Public investment multiplier? Increased productively? Public royalty replacement? Peter principle reductions? Brain drain reductions? What else? Shall I go on?