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Willis Towers Watson is to open Asset Management Operations in Cork

2/3/2017

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.

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.

Eoin Motherway, Head of Investment Operations in Ireland for TWIMI said, “We are delighted to announce that we are opening our Investment Fund Operations in Cork, to provide comprehensive support to our investment products and our clients. We chose the region for its financial services experience, availability of top class graduates from the surrounding third level eco-system and its competitive base.”

WTW