Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Committee on Budgetary Oversight

Sovereign Wealth Funds: Discussion

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

I thank Deputy Conway-Walsh and Mr. Ashmore. I have some questions as there is nobody else online who is waiting to come in. Regarding the fund size, the ISIF fund size was €9 billion if I am correct, and accumulated returns to mid 2021 based on the last annual report of €2.1 billion. The 2022 annual report would be expected very shortly, I think in July. I do not expect Mr. Ashmore to anticipate what is going to be in that report but would it be fair to say that accumulated returns for 2022 would be higher than €2.1 billion?

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