Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brendan McDonagh:

Well, all I'm speaking ... in terms of this I ... as far as I can recall, the Dow Jones, which is the US stock market ... and the NPRF was investing in global funds and a lot of it was invested in global equities. But I believe that, you know, I don't have the figures before me but I'd say 40 ... I'd say it has ... since 2009 it's probably has increased by 40% to 50%.

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