Updated / Friday, 5 Feb 2021 08:40 Pat Lardner, the chief executive at Irish Funds Assets under management in Irish domiciled investment funds is set to climb to over €5 trillion by 2025, rallying from the €3.21 trillion recorded at the end of 2020. This is according to new industry analysis by Irish Funds, the Association of the Funds and Asset Management Industry in Ireland. With nearly 8,000 domiciled funds and over 14,000 total funds administered here, Ireland has over the last 30 years become the second investment fund location in the EU and the third largest in the world. The Irish investment funds industry currently employs just over 16,000 people across asset management, depositaries, administrators, professional advisors, transfer agents, and other specialist firms.