IRELAND - F&C plans to take its liability driven investment (LDI) offering in the Dutch pensions market to Ireland.
F&C Ireland will be launching its LDI offering and a European property fund in the Irish institutional market within the next few months, said Graham Brooks, director, marketing and client service.
He explained the products had been developed in response to demand by pension fund clients.
The new LDI offering will be tailored with seven investment buckets for pension funds to invest in. The product is already available to Dutch clients and should be made available to the Irish institutional market shortly.
With regards to the new property fund, Brooks said Irish pension funds had historically had a strong domestic bias when investing in property. Now, however, interest has grown in expansion within Europe.
“Our fund will be open ended and will target Irish clients who have done very well in Irish property and now want to move into Europe,” Brooks said.
The firm hopes to launch the fund by April or May of this year. It has no plans to expand its offering in alternatives since it believes the Irish market has been slow to pick up on such developments.
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