The CSO has put out its latest report on the international portfolio allocations of Irish-resident investors – see here.
At 1.4 trillion euro, the total foreign portfolio assets are nearly ten times Irish GDP, illustrating the overwhelming role played by international financial intermediaries (mutual funds, hedge funds, etc) in the foreign assets and foreign liabilities of Ireland. Little can be inferred from these data about the international financial positions of Irish households (direct holdings and indirect holdings via pension funds, insurance firms and mutual funds).