IPE institutional market survey: Managers of Irish institutional assets 2025

January/February 2025 (Magazine)

IPE’s latest survey of Ireland’s institutional asset management market covers €294.9bn in total assets managed by 23 domestic and global managers for Irish institutional clients, with €108.9bn invested by pension funds.

• Pension funds dominate

Irish institutional clients have €294.9bn under management:

• €108.9bn for pension funds.
• €27.9bn for insurance companies.
• €47.9bn for other institutional clients.

Segregated accounts predominate with €72.2bn, while pooled funds account for €17.5bn. Where stated, active management (€63.3bn) outweighs passive (€8.8bn).

The leading managers for pension fund assets include Irish Life Investment Managers (€71.4bn), Legal & General IM (€39.7bn), and Mercer (€32.1bn).

• Irish institutional assets grew by 21% in the past year
• Irish institutional assets grew from €243.5bn in 2024 to €294.9bn in 2025.
• Specialist mandates are prevalent, totalling €58.5bn.
• The five largest institutional asset managers (Irish Life, LGIM, Mercer, Insight, State Street) control a significant share of the market.

Access the full dataset
This summary shows headline data. The full dataset includes more detailed data on individual managers and is available to subscribers at ipe.com/research. To subscribe to IPE visit ipe.com/membership and for further information about the research or to participate in future surveys, contact [e-mail]