Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Ms Marie Hunt:

We do. We now have a map of Europe with dots for every jurisdiction. I am trying to remember the numbers off the top of my head but, roughly speaking, it is about 50-50 at this point. Quite a bit of that is coming from the US because there are US firms which are now domiciled in Ireland. The Irish piece would also be split 50-50, between Irish REITs and Irish investors. For example, the money going into the REITs is invariably not Irish but they are Irish entities. They are listed on the Stock Exchange. We would tend to count them, but separate that figure out because it is Irish but the money is coming in internationally.

Comments

No comments

Log in or join to post a public comment.