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Willis Towers Watson is to establish Asset Management Operations in Cork

Written by David

Willis Towers Watson plans to create up to 40 roles in areas like asset management operations, service provider oversight, risk & data management, investor on-boarding, compliance, and accounting over the next few years. The company is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

Towers Watson Investment Management Ireland (TWIMI), a subsidiary of Willis Towers Watson, currently acts as an Alternative Investment Funds Manager (AIFM) in Ireland with assets under management exceeding EUR 6 billion.  Incorporated in 2013, TWIMI was one of the first authorised AIFM’s by the Central Bank of Ireland, post the enactment of the Alternative Investment Fund Manager’s Directive (AIFMD). The expansion of the activity in Ireland arises from the creation of a managed funds platform domiciled in Ireland and a clear decision by the firm to place additional operational substance in the jurisdiction. The platform went live with its first suite of funds on the 1st February with a strong pipeline forecasted.

 

http://www.idaireland.com/newsroom/willis-towers-watson-is-t/

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