Dublin – 4 October 2022 – MFEXbyEuroclear is pleased to announce the opening of a new representative office in Dublin, Ireland, to strengthen its funds business.
Ireland is a leading global location for cross border asset and fund management with € 6.5 Trillion assets under administration and € 4.1 trillion assets in Irish Domiciled funds. MFEXbyEuroclear today services over € 260 BN of Irish mutual and alternative fund assets, as well as the group processing all Irish listed ETF’s in Euroclear Bank.
This new office signals the expansion of MFEXbyEuroclear’s presence in Europe a year after the creation of a unique combined funds services offering. MFEXbyEuroclear will provide Irish clients access to its consolidated offering comprising of fund distribution, fund transaction & custody, data solutions, and regulatory compliance services.
MFEX CEO Brigitte Daurelle said: “We are excited to launch our activities in Ireland as we continue to expand our activities globally. Focusing on the largest cross border fund jurisdictions such as Ireland will further strengthen our ability to serve the core areas and provide value between the fund providers and the global distributors.”
Alexis Cooper who has relocated from London to assume his role as the new Country Manager for MFEXbyEuroclear Ireland, added “I look forward to working with our existing and future clients in the Irish fund eco-system and ensuring that Irish asset managers and distributors benefit fully from our complete service offering. MFEXbyEuroclear already has a deep connection with the Irish funds market and I look forward to being able to contribute to the Irish fund industry, and to bringing our group knowledge and expertise more closely to the local market”.