In NYC IFSC President John Bruton announces Green International Financial Services Centre (GIFSC) US roadshow series dates
March 15, 2013
At a press briefing of more than 90 journalists in New York Ireland’s former Prime Minister urged investment funds managers to consider Ireland as the natural choice for green asset management.
He announced that Ireland’s GIFSC would be holding a series of events in Chicago, Boston and New York in June targeted at asset managers, private equity and venture capitalists.
“I urge global investment fund managers in the area of green, clean tech and sustainability who are considering Ireland as a base or servicing centre to come along and hear about Ireland’s unique proposition as the number one location globally for green finance,” said Mr Bruton.
GIFSC is a public/private initiative tasked with the positioning and promotion of Ireland as the world’s leading centre of excellence for green finance.
Mr Bruton explained that research showed that GIFSC and green financial services could generate close to 900 jobs alone in the years ahead.
Last March at the New York Stock Exchange GIFSC launched the Global Green Asset Management Network revealing its plans to increase Ireland-based assets serviced or managed in ‘green funds’ from today’s US$20billion to $200billion by 2017.
Mike Hayes, Chairman of the GIFSC’s Global Green Asset Management Network and a Partner at KPMG said: “Underpinning GIFSC’s goal to become a global leader in green asset management is Ireland’s world class international financial services centre, one of the best business environments in the world, a wealth of natural resources, innovative green economy companies with global networks, a supportive Government and an emerging talent pool of green finance specialists. Together these unique selling points provide all the ingredients needed to enable Ireland to emerge as the global leader in green finance.”
“Today Ireland is rapidly emerging as a global centre for green asset management funds. In many ways, this is similar to the way in which Ireland has become the leading location for aircraft leasing globally”.
NOTES TO EDITOR
Picture Caption: Former Prime Minister of Ireland, John Bruton, President IFSC Ireland and Duncan Niederauer, CEO, NYSE Euronext at a briefing to promote GIFSC and the opportunities afforded by Ireland to US asset managers.