Menu
29/11/2012
Clearstream Jobs Boost Announced
Clearstream has established a branch in Dublin to extend its post-trade offering in the area of investment funds to hedge funds.
Clearstream Banking S.A., Dublin Branch, will extend the company’s investment funds business to alternative funds and allow Clearstream to service the entire range of funds: mutual funds, exchange-traded funds and hedge funds.
The hedge fund investor services were set up following a steep increase in client demand for such investments and will over time be fully integrated into Clearstream’s fund processing environment. The new venture has already signed six pilot customers.
Christian Westerholt, previously Head of Product Development in Clearstream’s Investment Fund Services area, will be the General Manager of the Dublin branch.
Michael Noonan TD, Ireland’s Minister for Finance, said: "The Financial Services sector is a key driver of jobs in Ireland. I am delighted that Clearstream has taken the decision to establish an operation centre for servicing the investments into hedge funds in Dublin with the potential for more than 100 jobs.
"Ireland is a global hub for the funds industry and today’s announcement further enhances the range of services and companies located in Dublin. Once again the Industrial Development Agency, IDA Ireland, has done an excellent job in highlighting Ireland's attractiveness as a destination for investment from European companies. I would like to wish all at Clearstream every success."
(GK/IT)
Clearstream Banking S.A., Dublin Branch, will extend the company’s investment funds business to alternative funds and allow Clearstream to service the entire range of funds: mutual funds, exchange-traded funds and hedge funds.
The hedge fund investor services were set up following a steep increase in client demand for such investments and will over time be fully integrated into Clearstream’s fund processing environment. The new venture has already signed six pilot customers.
Christian Westerholt, previously Head of Product Development in Clearstream’s Investment Fund Services area, will be the General Manager of the Dublin branch.
Michael Noonan TD, Ireland’s Minister for Finance, said: "The Financial Services sector is a key driver of jobs in Ireland. I am delighted that Clearstream has taken the decision to establish an operation centre for servicing the investments into hedge funds in Dublin with the potential for more than 100 jobs.
"Ireland is a global hub for the funds industry and today’s announcement further enhances the range of services and companies located in Dublin. Once again the Industrial Development Agency, IDA Ireland, has done an excellent job in highlighting Ireland's attractiveness as a destination for investment from European companies. I would like to wish all at Clearstream every success."
(GK/IT)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
22 August 2005
BISYS To Establish 250 jobs in Waterford
Ireland's Minister for Enterprise, Trade & Employment Micheál Martin has confirmed that US financial services company BISYS Hedge Fund Services is to set up an operation in Waterford with the creation of 250 jobs over the next five years.
BISYS To Establish 250 jobs in Waterford
Ireland's Minister for Enterprise, Trade & Employment Micheál Martin has confirmed that US financial services company BISYS Hedge Fund Services is to set up an operation in Waterford with the creation of 250 jobs over the next five years.
26 July 2007
Bank To Create 250 New Jobs In NI
The Bank of Ireland Group (BOI) has today announced a multi-million pound investment in Northern Ireland that will create 149 jobs over the next five years. BOI plan to establish a specialist business in Belfast to service the rapidly growing offshore investment funds market, specifically hedge funds.
Bank To Create 250 New Jobs In NI
The Bank of Ireland Group (BOI) has today announced a multi-million pound investment in Northern Ireland that will create 149 jobs over the next five years. BOI plan to establish a specialist business in Belfast to service the rapidly growing offshore investment funds market, specifically hedge funds.
11 February 2013
BNP Paribas Securities Services Opens Dublin Office
BNP Paribas Securities Services, a global custodian with almost USD 7 trillion in assets under custody, has announced its move to new offices in Dublin, located at Trinity Point, South Leinster Street. The inauguration is supported by Department of Jobs, Enterprise and Innovation through IDA Ireland.
BNP Paribas Securities Services Opens Dublin Office
BNP Paribas Securities Services, a global custodian with almost USD 7 trillion in assets under custody, has announced its move to new offices in Dublin, located at Trinity Point, South Leinster Street. The inauguration is supported by Department of Jobs, Enterprise and Innovation through IDA Ireland.
25 July 2012
Minister Announces €20m For Co-Investment In Seed And Venture Capital Funds
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has today announced that €20m is available for co-investment in seed and venture capital funds, and issued a call to fund managers to signal their interest in setting up funds. This €20m comes under the Enterprise Ireland Seed and Venture Capital Programme 2007 – 2012.
Minister Announces €20m For Co-Investment In Seed And Venture Capital Funds
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has today announced that €20m is available for co-investment in seed and venture capital funds, and issued a call to fund managers to signal their interest in setting up funds. This €20m comes under the Enterprise Ireland Seed and Venture Capital Programme 2007 – 2012.
11 January 2011
Irish Government Celebrates New Jobs
A total of 100 private sector jobs have been announced by the Government this week. However, despite the Government's insistence that the jobs are a "boost" to the economy, the new positions in the software and medical devices fields will be staggered over the next three years.
Irish Government Celebrates New Jobs
A total of 100 private sector jobs have been announced by the Government this week. However, despite the Government's insistence that the jobs are a "boost" to the economy, the new positions in the software and medical devices fields will be staggered over the next three years.
-
Northern Ireland WeatherThis Evening and Tonight:A fine end to the day with some evening sunshine. It remains mainly dry overnight with a touch of frost or fog patches possible in places. However, cloud is expected to increase towards dawn with the odd light shower. Minimum temperature 2 °C.
