Irish managed assets could top €7tn

Assets under management in Ireland have the potential to grow from €4 trillion last year to €7tn by 2025, a new report has claimed, writes Pádraig Hoara

The PwC report said global assets under management overall will almost double in size by 2025, from almost $85tn (€73tn) in 2016 to more than $111tn (€95.5tn) by 2020.

That figure could grow to more than $145tn by 2025, PwC said in its global assets and wealth management report, which is compiled every three years.