Central Bank approves acquisition of DGFM by IQ-EQ

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 61%

United States News News

The newly combined business will offer Fund Management and Portfolio Management services, Fund Administration and Corporate Administration services from its offices in Dublin and Shannon where it employs a team of more than 130 people.

Tom Berrigan takes up the role of Managing Director of IQ-EQ's newly enlarged Ireland business.

"It also means, just as importantly, that we can service their needs anywhere in the world where they need to establish their market or fund, so from IQ-EQ Ireland perspective, we can look after them in the EU, but we can also look after them in the UK, US or Asia," he said. "It's hugely exciting for employees as it will create lots of opportunities for us," Mr Berrigan said.

Integrating the two businesses was not that big a challenge, he said."The business is highly complimentary to the existing fund administration and corporate service that IQ-EQ already operate in Ireland, so if you think about it as a menu of services, our business simply adds a further dimension to that current offering."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Joe Gill: An ‘Irish IPO Fund’ could boost our anaemic stock exchange | Business PostLast year, just two Irish companies tapped the stock exchange in this country for equity finance using an IPO. Why is there so little activity, and how can we change that?
Source: businessposthq - 🏆 8. / 71 Read more »

EML boss puts Central Bank inquiry into Prepaid Financial Services behind him | Business PostEML boss Tom Cregan on putting the Central Bank inquiry into Prepaid Financial Services behind him.
Source: businessposthq - 🏆 8. / 71 Read more »