Survey reveals €2bn invested in retail

IRISH investors pumped almost €2 billion into retail investment products last year as confidence improved and stock markets rebounded, according to the Irish Association of Investment Managers (IAIM).

The IAIM's annual survey, which was released yesterday, showed investments in managed funds and tracker bonds increased by 34% year-on-year.

IAIM members now manage almost €19bn on behalf of Irish retail investors. This figure does not include pension funds or institutions, which account for a further €93 million.